Crude Oil News

North American drilling activity declined for a second week and to the lowest three years...

President-elect Donald Trump is set to declare a national energy emergency on his first day in office, deploying sweeping executive...

Chinese crude oil imports from Malaysia rose sharply last year as independent refiners in China became more dependent on discounted...

Speculative net length in crude oil widened to its highest level since April after a turbulent week that saw prices surge on fresh Western...

Six US refiners have filed 11 petitions to avoid blending mandates in the US, the Environmental Protection...

Benchmark crude oil futures edged higher Friday as investors braced for Donald Trump's return to the Oval Office, while falling European gas...

Colonial has restarted the Line 1 pipeline after completing repairs that shut the largest refined products artery in the US earlier in the week...

Crude oil futures were slightly lower, although markets consolidated a fourth week of positive returns amid tighter sanctions on Russian oil...

North Dakota's crude oil output rebounded sharply over the month in November as the impact from late-summer wildfires subsided...

Brazil's state-ran energy giant Petrobras said Friday it produced record gasoline and low-sulphur last year...

Middle East benchmark Dubai crude soared to six-month highs with refiners in Asia left the most exposed to the latest clampdown...

Yemen's Houthi militia is expected to halt attacks on Red Sea vessels, maritime security officials announced Thursday, signalling an end to a...

A widening gasoline-naphtha spread has improved blending margins but they remained relatively weak globally despite higher US...

xx...Middle East crude prices posted fresh six-month highs Friday amid the scramble for replacement barrels, while gasoil...

TotalEnergies saw a $10/mt recovery in refinery margins last quarter, but warned the downstream environment remains weak...

Russia's crude oil and refined product exports dropped 2.6% in 2024, with seaborne volumes falling to 398.6 million mt, according to...

China's crude oil throughput in 2024 declined by 3% year-on-year, reflecting weak refining margins and a sluggish recovery in domestic...

The Port of Corpus Christi exported a record 2.3 million bpd of crude oil in 2024, a 7% increase over the previous year...

Benchmark crude oil futures drifted lower Thursday as markets consolidated recent gains, while inventory data painted a decisively bearish...

Crude oil futures were drifting lower, although benchmarks have mostly consolidating recent steep gains as supply concerns underpinned...