Crude Oil News

OPEC+ will maintain current production quotas for at least another full quarter, the OPEC secretariat said in a statement...

East of Suez prices were lower Thursday, tracking the Brent retreat after Asia had closed during the previous session, ***...

Deliveries of WTI Midland rebounded in the Platts MOC Dated Brent window rebounded during November, setting North Sea benchmark...

UK's Serica Energy has again lowered its production forecast for this year after operations at its Triton floating production storage and...

Shell and Equinor will combine their offshore UK assets in a joint venture that will create the country's largest independent...

Brent crude futures were steady in the midweek session, ahead of Thursday's OPEC+ meeting, with EIA data presenting a mixed picture...

Crude oil futures Wednesday were steady as benchmarks consolidated early week gains on growing expectations that OPEC+

US gasoline stocks climbed for the third straight week as US Gulf Coast refineries ran more crude than at any point in almost six years

US commercial crude oil inventories registered a larger-than-expected draw of over 5 million barrels during the latest reporting cycle...

London-listed Energean said its Israeli oil production is up by more than one-third over 2023 levels and "remains unimpacted"...

Washington has confirmed the latest round of sanctions targeting on 35 entities and vessels that it believes play a critical role in transporting...

Spain's imports of Venezuelan crude oil surged to their highest levels in two decades, official data showed Wednesday, as unwinding US sanctions...

European diesel has eroded most of last month's gains, as the end of seasonal refinery maintenance and a rebound in imports...

Oil production from the 12 core OPEC members increased during November as the continued recovery in Libyan output offset...

East of Suez prices were higher Wednesday as markets caught up with the Brent spike after Asia had closed in Tuesday's session, while the strength was also seen in the...

US crude oil inventories posted the week ending 29 November, while stockpiles of gasoline posted a sharp gain...

The Czech Republic's pipeline operator Mero said Wednesday there was an issue on the Druzhba pipeline that supplies the country with oil...

Deliveries of oil products from Exolum terminals to the Spanish market fell in November, as travel entered its seasonal lull, but remained sharply...

Shell has begun starting up units at its 404,000 bpd Pernis refinery in Rotterdam after completing a two-month overhaul...

Middle distillate stocks in Japan dropped to a one-month low as lower temperatures across northeast Asia underpinned heating demand...