Crude Oil News

An unplanned outage has forced a crude unit offline at Germany's largest refinery, the 310,000 bpd MiRO plant in Karlsruhe...

US President Donald Trump has called on OPEC and Saudi Arabia to reduce oil prices, claiming that lower crude costs would help end...

A Ukrainian drone strike late Thursday targeted Rosneft's Ryazan refinery, 180km southeast of Moscow, triggering fires and a wave of...

The global shipping industry faces stranded asset risks worth $400 billion as vessels and new orders are set to emit double the carbon permitted...

India has scaled back Russian crude imports in recent months, turning to Middle Eastern suppliers, while refined product exports...

South Korean oil refiner S-Oil expects crude oil refining margins to remain steady in the first quarter of 2025 after the company's...

Benchmark crude oil futures remained in retreat Thursday as markets braced for increased US oil supply under Trump, while LSGO extended...

US crude oil stocks were flat in the most recent week amid stable production while increased exports offset weaker refinery runs...

The pace of gasoline restocking slowed last week, but still hit a fresh ten-month high, as seasonal demand slumped ahead of a winter...

Supplies of natural gas to Freeport LNG's Texas export plant in were seen returning Thursday, having been knocked offline...

Italian oil product demand recorded solid growth in 2024, with deliveries of gasoline, diesel and jet fuel all higher.

LyondellBasell will begin the planned permanent closure of its 264,000 bpd Houston refinery over the coming week, the company confirmed Thursday.

Crude oil futures were slightly lower on Thursday as markets steadied at a support level following a week-long retreat that wiped out more than...

India's domestic crude runs rose to 23.9 million mt in December 2024, marking a 10% increase from November's 21.64 million mt and a...

Middle East crude prices eased for a fourth straight session Thursday although they showed signs of stabilising, while the selloff...

US crude oil inventories registered a first build of the year while refined products posted a further round of gains, according...

Motiva has been forced to move back plans to carry out essential work on its gasoline-making FCC at the Port Arthur refinery...

Eneos, Japan's largest oil refiner, has taken its 129,000 bpd crude distillate unit at the Chiba refinery offline for scheduled turnaround...

China's state-owned oil producer CNOOC plans to boost oil and gas production to a record high in 2025, citing expectations for 5% economic...

Crude oil imports into Japan last month increased to the highest level in two years, while domestic refinery runs continued to recover...