Crude Oil News

The Indian government announced Monday it has scrapped its windfall tax on crude and oil products effectively immediately...

Provisional data Monday pointed to a sharp jump in Indian oil demand last month, on track for record highs across transportation fuels...

Middle East crude opened the new month marginally lower as traders wait for the outcome of the OPEC+ meeting, while gasoil margins...

North American drilling activity registered a small decline for a third consecutive week but the overall count remains relatively static so far...

Efforts to forge the first global treaty on plastic pollution collapsed in Busan over the weekend, as oil-producing nations blocked attempts...

Taiwan's Formosa Petrochemical is set to lower run rates at Mailiao refinery in the first quarter of next year due to planned maintenance work, a company...

Speculative net length on European diesel futures continued to grow during the week ending 26 November as the continent heads into peak...

Crude oil futures in Friday were slightly lower and heading for weekly losses amid mixed pricing signals...

US crude output slipped to 13.204 million bpd in September from 13.361 million bpd in August...

Benchmark crude oil futures remained locked in a tight trading window Friday as markets braced ahead of the delayed OPEC+ meeting, while...

Spain's Repsol has agreed to sell two oil and gas assets in Colombia to Geopark, the two companies announced Friday...

The average price for Middle East benchmark Dubai crude tumbled to the lowest level in more than three years in November...

Both Imperial Oil and Suncor are restarting units at their Sarnia refineries in Ontario, Canada, with the latter experiencing an upset this week...

Middle East crude prices posted a first gain in four sessions Friday, while strength in the Asian kerosene market saw the jet fuel east...

Brazil's crude oil exports jumped to 1.93 million bpd in October, the highest level in five months...

A fire erupted at Pemex's Minatitlán refinery in Veracruz on Thursday morning, the second blaze at a company site this week...

Benchmark crude oil futures held steady on Thursday as the market weighed delays to OPEC+ production hikes against ongoing macroeconomic...

Refinery output in the UK fell to its lowest levels of the year in September as refiners slashed runs amid falling margins, while maintenance at...

ARA product stocks fell this week, led by a sharp draw in gasoline as exports out of the region picked up...

Crude oil futures Thursday were marginally higher ahead of next week's OPEC+ meeting, which has now been delayed until..