Crude Oil News

20 Nov 2024
Norwegian oil and gas production surged in October as suppliers braced for peak winter heating demand, preliminary figures showed...
20 Nov 2024
North Dakota's oil output inched higher over the month in September but was still down sharply on...
20 Nov 2024
BP has been forced to delay the restart of its 435,000 bpd Whiting refinery in Indiana until the end of November
20 Nov 2024
Middle East crude extended the early week gains amid heightened geopolitical tensions Wednesday, while gasoline margins continued to extend...
20 Nov 2024
US crude oil inventories posted a larger-than-expected build the week ending 15 November, while stockpiles of refined products were lower...
20 Nov 2024
Malaysia-labelled crude oil cargoes became China's second-largest source of imports in October, surpassing Saudi Arabia...
20 Nov 2024
China's fuel oil exports from bonded storage tumbled in October, following a smaller export quota allocation for the remainder of the...
20 Nov 2024
Crude oil imports into Japan rose 7% in October to 2.41 million bpd, the Ministry of Finance said...
20 Nov 2024
Donald Trump has named Howard Lutnick, CEO of Cantor Fitzgerald, as his pick for US Commerce Secretary, tasking the billionaire with...
20 Nov 2024
Refined oil product stocks in Japan rose to their highest level in nearly a year, reaching 67.96 million barrels last week as refinery run...
19 Nov 2024
Crude oil futures slightly higher as the spike in geopolitical tensions outweighed a production restart at a major North Sea field....
19 Nov 2024
Iran has provisionally agreed to limit stockpiles of near-weapons grade uranium and has made preparations to cap volumes...
19 Nov 2024
Shell confirmed Tuesday it will exit Ukraine by selling its 51% stake in local fuel...
19 Nov 2024
Benchmark crude oil futures traded slightly lower Tuesday as operations resumed at one of the North Sea's largest oilfields, while LSGO...
19 Nov 2024
Notional refinery margins and timespreads on European diesel have are their widest in months as regional temperatures plummet...
19 Nov 2024
Authorities in Switzerland have published court documents ahead of the upcoming bribery charges levelled against Trafigura...
19 Nov 2024
Middle East crude prices rebounded from 2024 lows Tuesday while the diesel market arb hit its widest level in a month on the back of...
19 Nov 2024
Norway's Equinor resumed production at its Sverdrup oilfield overnight after an onshore power outage forced operations to be halted Monday...
19 Nov 2024
Crude oil output at Kazakhstan's giant Tengiz field has been reduced by up to 30% due to unspecified maintenance issues...
18 Nov 2024
Benchmarks were sharply higher Monday as the market braced for an escalation in the Russia-Ukraine war, while LSGO cracks climbed to a...
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