Crude Oil News

Italian oil product recorded its highest October reading since 2019, led by strong growth in both diesel and gasoline...

ExxonMobil is spending $200 million to boost advanced plastics recycling capacity at its Texas facilities, targeting a global capacity of...

Crude futures were higher Thursday on as tensions between Russia and Ukraine ratcheted higher...

Gasoline held in the ARA climbed for the third straight week to take stocks to their highest level this year...

Saudi Aramco will take on additional debt but focus on "value and growth" for its dividend over the longer term...

Crude oil futures were climbing higher as investors waited on the next move from Moscow, amid heightened geopolitical tensions...

Europe's diesel imports from the Middle East's largest supplier, Saudi Arabia, are set to drop to a 2.5-yr low of 350,000 mt this month...

East of Suez crude markets were mostly flat over the previous 24 hours at Thursday's MOC as traders continued to monitor events...

Nigeria's national oil company, NNPC, expects to double production of its Utapate crude grade to 80,000 bpd by the end of 2025, following...

Argentina's state-run oil company YPF is planning to raise $2 billion in financing by mid-2025 to fund the Vaca Muerta Sur pipeline, a key...

The US state of California relies more heavily on foreign oil despite its efforts to curtail hydrocarbon production and consumption...

Benchmark crude oil edged higher Wednesday as escalating conflict in the Russia renewed concerns over global oil supply security, while LSGO cracks...

Crude oil futures Wednesday were steady as the escalating geopolitical situation around Russia continued to dominate sentiment, underpinning...

The International Energy Agency (IEA) has faced sharp criticism from US lawmakers over recent weeks, with Republicans officials expressing...

US commercial crude oil inventories registered a slim weekly build of around 500,000 barrels during the latest reporting cycle...

Norway's Equinor restored production at its Sverdrup oilfield to full capacity Tuesday after an onshore power outage forced operations to be...

US gasoline stocks rebounded from two-year lows last week as demand fell almost 1 million bpd after the US election...

Russia's Lukoil dismissed reports Wednesday that its Nizhny Novgorod refinery was offline for repairs...

Crude loadings during the first half of November increased, driven by higher volumes from the Middle East...

Rhone Energies has started shutting down units at its newly acquired Fos-sur-Mer refinery on the French Mediterranean coast...