Crude Oil News

Australian road fuel demand climbed in September, with combined sales of automotive gasoline and diesel reaching 857,000 bpd...

China's crude oil throughput fell to 14.02 million bpd in October, representing a 7% decline compared to the same month last year...

The Panama Canal Authority could build an oil pipeline to facilitate shipments of the flagship US crude WTI...

Benchmark crude oil futures edged higher Thursday as the EIA showed steep draws in US product inventories, while diesel cracks climbed...

Crude oil futures Thursday were little changed for a third session, as fears over sluggish demand growth and a soaring dollar...

US gasoline stocks recorded a surprise, sharp draw last week as both domestic demand and exports jumped over the period...

Nigeria's state-owned oil company has set ambitious targets to ramp up its crude oil production...

Japanese refiners processed 2.37 million bpd of crude oil in September, down 6.1% from the same month last year, preliminary data shows...

US commercial crude oil inventories posted a second weekly draw of more than 2 million barrels...

Products held in the ARA region reached a five-month high this week as blenders pulled more gasoline into the region to meet higher export demand...

The US government's Energy Information Administration (EIA) latest Short-Term Energy Outlook report has forecasted a steady...

Poland's Orlen reported a near wipe-out in third quarter earnings Thursday, as it blamed bad investment decisions taken by prior....

Spain's road fuel consumption fell to a three-month low in September, official data showed Thursday, as summer travel demand retreated...

The CEO of Occidental Petroleum has welcomed Donald Trump's election victory but gave a measured outlook on further US...

The IEA raised forecasts for global oil demand this year but lowered its outlook for 2025, as short-term strength in European gasoil demand...

Austria's OMV has been awarded a €230 million settlement in a dispute with Gazprom over Russian natural gas imports...

Large French diesel tenders were heard traded at heavy discounts Thursday, with supermarkets snapping up cheap volumes...

Middle East crude posted marginal gains for a second session Thursday but markets continued to struggle around yearly lows, a move that...

US crude oil inventories posted an unexpected draw, while stockpiles of refined products came in mixed...

Benchmark crude oil futures were flat Wednesday as investors contended with a lack of momentum in a dormant market, while product markets were...