Crude Oil News

Brent crude futures rose $1.81/b by the cash market close on Monday at a 10-day high on...

Repair work at Indonesia's 260,000-bpd Balikpapan refinery will take one week to complete after...

Germany will press ahead with a ban on imports of Russian oil by the end of this year, even in the absence of...

Saudi Arabian crude oil exports fell in March despite rising output levels as domestic refining...

Russia's average daily crude exports were down 2.3% in the first half of the month at around 666,000 mt per...

Iran and the EU are waiting for a response from Washington to fresh proposals and initiatives aimed at restarting talks on the...

Shanghai announced on Sunday that it will gradually open shopping centres, supermarkets, restaurants and other businesses as mainland China's...

Speculators' bullish bets on Brent and WTI crude oil futures went in opposite directions last...

Saudi Arabia's crude production capacity is poised to reach 13.3 million to 13.4 million bpd by the end of 2026 or early-2027...

Saudi Aramco's profits surged 82% in the first quarter of 2022, beating the median of analysts' expectations with the highest quarterly profit since...

The volume of crude processed by China's independent and state-owned refiners fell by a sharp 9%...

The Kurdistan Regional Government (KRG) has denied weekened reports from the state-run North Oil Company (NOC) that it had seized control over oil fields in Kirkuk...

Brent crude rose for the third straight day pulled higher by rising gasoline cracks reflecting a tighter...

Brent crude oil futures Friday were trading higher as tighter controls on Russian oil buying were set to kick in, although wranglings over details threatened...

Middle East crude prices were firmer Friday ahead of the long weekend in Singapore, playing catch...

Dubai crude oil finished the week ending 13 May slightly lower, as Asian markets tracked the volatility from Europe and...

Crude oil futures were slightly lower in late-trading Thursday after another session of volatile activity, as markets continued to face conflicting signals...

Refiner margins for jet fuel cargo into Europe tumbled nearly $8/b as part of a wider sell off in...

The IEA said Thursday that the world would not be left short of oil after revising earlier forecasts of a "global supply shock"...

US refiner Phillips 66 has given the go-ahead to converting its San Francisco refinery in...