Crude Oil News

The EIA raised its outlook for 2024 oil demand growth on Wednesday, with India emerging as the main driver of consumption...

S&P Global trimmed its forecasts for the BEV market share in the EU in 2025, signalling a major barrier to meeting mandates as challenges...

Houston-based Coterra Energy has agreed to buy for $3.95 billion the Permian Basin assets of two other companies...

Canada's Suncor Energy reported better-than-expected third quarter results Wednesday on soaring oil output...

Kazakhstan Export Blend Crude Oil, or KEBCO, has traded in the MOC assessment process the first time since it was launched...

Crude oil futures Wednesday were moving sideways for a second session after benchmarks looked to find a support floor...

Argentinian's GeoPark Limited is producing 4,000 bpd of oil from its recent entry into the Vaca Muerta unconventional shale formation...

European gasoline exports to West Africa (WAF) are set to rebound this month with the new Dangote still yet to agree a deal with Nigerian...

Rhine barge rates climbed to two-month highs Wednesday as barge restrictions remain in place after water levels sunk to fresh lows for...

Middle East crude prices were steady Wednesday as markets looked to have found some support following three consecutive losses, while...

Gasoline stocks in Japan continued to build last week as local refiners raised the yield of lighter products as crude throughput remained...

QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums for the Middle East medium sour crude...

Operators in the Gulf of Mexico have quickly ramped up oil and gas production following last week's precautionary shutdowns...

Crude oil futures Tuesday were nudging higher as benchmarks steadied after surrendering over 5% of value during...

The US oil and gas industry should expect a flurry of business-favourable executive orders in the first months of the new...

Benchmark crude oil futures inched higher Tuesday as sentiment steadied ahead of Trump's return to the Oval Office, while...

Crude stored in EU-16 countries dropped to its lowest level since the early 1990s last month, driven by slowing production....

he diesel HOGO spread hit fresh ten-month highs this week as a relatively tight US market helps reduce some of the oversupply in Europe...

OPEC has trimmed its forecast for global oil demand in 2024 for a fourth consecutive month, as tepid growth from China continued to drag...

OPEC and its allies increased oil production by a modest 30,000 bpd in October, as a sharp rise in Libyan output was largely offset by cuts...