Crude Oil News

US commercial crude oil stockpiles fell while inventories of fuel stocks were mixed for the week ending...

Crude oil futures Tuesday extended the massive April losses, as benchmarks failed to hold earlier gains as the tariff war showed no signs...

The Panama Canal Authority will launch a bidding process that was approved by its board of directors...

Western Canadian Select (WCS) oil prices briefly weaken after news of the unplanned shutdown of the...

South Bow's Keystone Pipeline, which carries crude from Canada to the US ruptured Tuesday morning...

Benchmark crude oil futures drifted lower on Tuesday as focus remained centred around the mounting trade tensions between the US and

Naftna Industrija Srbije (NIS) disclosed on Monday that it had asked the US Treasury for a formal assurance that non-US firms would...

The Bureau of Ocean Energy Management (BOEM) will be hosting a lease sale this year for oil and gas drilling in the Gulf of Mexico, according...

Canada's Suncor Energy started planned work Tuesday at its 137,000 bpd Montreal refinery on Tuesday...

Washington is set to hold "direct talks" with Iran over a possible nuclear deal this coming weekend, according to US officials and media reports...

Austria's OMV warned investors that diminishing upstream sales volumes in the first quarter may water down the effects of rising European...

Benchmark Dubai crude edged up from four-year lows but oil prices remain highly volatile, while product cracks have remained relatively...

The oil market is at serious risk of oversupply in the coming months if OPEC+ sticks to next month's higher-than-expected output hike...

Marathon Petroleum reported flaring during essential works at its LA refinery late Monday expected to run until the end of the...

Oil production from the 12 core OPEC members eased slightly during March, led by modest drops from Iran, Venezuela and Nigeria...

Goldman Sachs expects Brent crude oil to fall below $60/b by the end of this year if the US economy goes into recession and OPEC+ sticks to its...

The US Energy Information Administration (EIA) has delayed the release of its monthly supply and demand report, citing the need to...

Chinese tariffs on US goods will likely drive crude oil flows between the two countries to zero, as the world's biggest importer has ample...

Crude oil futures opened the week lower as concerns over tariffs and the prospect of a global recession sent benchmarks tumbling to...

Texas' crude oil production in March averaged 5.6 million bpd, a slight dip from the previous month but 200,000 bpd or 4% more than one year ago...