Crude Oil News

Australian refiner Ampol reported a recovery in refining margins at its Lytton refinery in Q4, with the margin improving to $4.60/b...

US President Donald Trump on Wednesday warned Russia of fresh tariffs and sanctions unless President Vladimir Putin agrees to end...

Benchmark crude oil futures traced lower Wednesday as Trump's aggressive energy policy softened supply concerns, while LSGO cracks hit...

Diesel cracks in northwest Europe fell for the fourth straight session Wednesday, as traders weigh the return of Red Sea shipping...

Specialist freight insurers have cautioned that Red Sea transits remain at risk, despite the Houthis declaring a halt on attacks...

Freezing temperatures have shuttered several units at Motiva's massive Port Arthur refinery, the company said Wednesday, adding to a...

Quantum Commodity Intelligence - Saudi Arabia's crude exports ramped up over the month in November as domestic refinery run...

Goldman Sachs has maintained its $76/b Brent forecast for 2025, but warned that prices may lose momentum in the coming months as...

Winter Storm Enzo has shut in up to 160,000 bpd or 13% of oil production in the US state of North Dakota...

Crude oil futures Wednesday were marginally lower as benchmarks finally steadied after several days of declines...

Warren Buffett's Pilot Company is shutting down its international oil trading business to concentrate on North American retail...

Refineries and port officials in Texas and Louisiana were assessing the impact of the latest big freeze early Wednesday, as Winter Storm Enzo...

Saudi Aramco remains upbeat on the prospect of oil demand growth, including projections for China...

Middle East crude prices were down for a third session Wednesday, while premiums also eased, while weak demand has meant the front...

Australia's Woodside Energy is expected to maintain output near record levels again this year as the company seeks...

A senior Indigenous leader has reversed his opposition to Canada's Northern Gateway pipeline, citing growing economic...

A big drop in diesel demand in Argentina last month meant refined product sales pulled back from November's four-month highs as...

South Korean oil refiner GS Caltex is planning to shut some units at its Yeosu refinery in late February for a regular turnaround ahead of the demand season...

Weekly crude oil throughput in Japan dropped during the seven-day period ending 18 January, pulling refined product stocks...

Benchmarks drifted lower Tuesday as markets braced for aggressive energy policy under Trump's restored command, while natural gas prices...