Crude Oil News

Spain's Repsol has started oil exploration in Libya for the first time in ten years, according to the North African country's national oil company.

Provisional data released Thursday by Indian officials pointed to a slowdown in domestic oil product consumption last month...

Middle East crude markets opened the New Year higher following on from the strong finish to 2024, while naphtha physical and paper...

US crude oil inventories posted another draw in the week ending 27 December but refined products posted solid gains...

Crude oil futures Tuesday were climbing higher as benchmarks consolidated the late-December rally with four consecutive gains...

US crude and refined oil product deliveries climbed to their highest levels in more than five years over the month in October, EIA figures...

Benchmark crude oil futures continued their ascent Tuesday, climbing for the fourth consecutive session as sentiment sweetened...

The average price for Middle East benchmark Dubai in December rebounded from the previous-month's three-year lows, largely thanks to a...

Middle East benchmark Dubai extended the solid finish to the year, posting gains for a fourth session, while product margins moved...

Brazilian crude exports hit their highest levels in almost two years last month as demand rebounded strongly, while domestic...

Speculative net length of US crude oil futures widened on the back of continued stock draws and expectations of...

Crude oil futures rose for the third straight day on Monday to leave the market poised for the highest cash market close finish since 13 December...

Nigeria's state-owned Warri refinery has resumed partial operations after nearly a decade of inactivity, a move aimed at reducing...

Crude oil futures Monday were climbing higher as both the US and Europe face cold blasts in January, boosting demand for heating fuels...

An incident reported at the Fos-sur-Mer refinery outside Marseille in France over the weekend has had no impact on output, the company...

Indian state-run refiner BPCL will increase volumes of Middle East crude grades in 2025 to make up for any Russian shortfall...

Middle East benchmark Dubai maintained its strong finish to the 2025 as Total showed no signs of slowing up in its latest buying spree...

South African fuel prices are set to rise in the New Year as rising international crude oil prices compound with the country's weakening...

North American drilling activity was unchanged for a third week with major oil gas basins largely steady...

The Chinese government has granted a second batch of crude oil import quotas for non-state refiners in 2025 to bring the cumulative allocation for...