Crude Oil News

Donald Trump is considering expanding sanctions on Iran to include neighbouring Iraq, targeting OPEC's second-largest crude producer and a...

US gasoline prices this Thanksgiving are at their lowest in four years, according to the EIA, helping to spur travel demand to a new record...

Middle East crude prices eased for a third session Thursday after the Israel-Hezbollah ceasefire deal, a move that helped push HSFO...

OPEC+ has delayed this weekend's planned meeting until 5 December, with the official communique citing a scheduling conflict...

Crude oil futures Wednesday were hovering just above one-week lows following a US-brokered ceasefire between Israel and Hezbollah...

Benchmark oil futures traded slightly lower Wednesday as ceasefire in the Middle East faded concerns of an imminent disruption to global oil...

NNPC outlined operational details at its newly-refurbished Old Port Harcourt refinery Wednesday...

US commercial crude oil inventories drew by 1.844 million barrels during the latest reporting cycle, the largest decline in six weeks...

Chevron has criticized California lawmakers for passing a controversial bill that forces refiners to hold more inventories, saying it will only...

OPEC+ is considering a further delay in planned production increases, according to the latest media briefings ahead of...

The UK automotive industry has issued a stark warning to policymakers Wednesday, calling for urgent government action to safeguard...

The US state of Maine has filed a lawsuit against major oil companies, joining a wave of legal challenges seeking to hold the fossil fuel...

Middle East crude prices eased slightly Wednesday after the Israel-Hezbollah ceasefire deal, while gasoline margins continued to firm to hit...

Suncor was bringing back online a unit at its Sarnia refinery Wednesday after the fire brigade was called to an operational...

US crude oil inventories posted a larger-than-expected draw the week ending 22 November, while stockpiles of refined products were higher...

Brazil's diesel production reached 912,167 bpd in October, the highest level since 2015, even as crude processing slipped to 1.994 million...

Citi has reaffirmed its bearish $60/b Brent forecast for 2025, citing a looming supply surplus and weak demand as persistent challenges...

Japan's light refined oil product supply surplus widened further last week as weak seasonal demand lifted oil product inventories...

Benchmark oil futures nudged higher Tuesday as investors braced for escalating tensions between Russia and Ukraine, spurring LSGO cracks to...

Mexico's Pemex extinguished a fire at Pemex's Salina Cruz refinery Tuesday, with authorities reporting no damage or injuries...