Crude Oil News

Motiva is restarting its gasoline-producing FCC at its 630,000 bpd Port Arthur refinery in Texas after a malfunction over the weekend...

Russia's Litasco has denied it is in talks to sell its Bulgarian refinery to a British-Qatari consortium, first reported last week...

Middle East crude extended losses  as cash differentials also continued to slide, a move that offered a boost to margins at the bottom...

Operations have restarted at the Indian Oil Corporation Limited (IOCL) refinery in Vadodara after a deadly fire at a storage tank on Monday...

Kuwait has reduced the Official Selling Price (OSPs) for its main export grade loading in December...

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

The naphtha reformer at Venezuela's 310,000 bpd Cardon refinery has been shut down for maintenance after breaking down last...

Crude oil futures Monday were sharply lower as benchmarks extended losses following Friday's sharp selloff...

Benchmark crude oil futures declined Monday, extending the losses made late last week to sink prices beneath the $72/b handle for the first time...

The Texas state agency that regulates oil and gas activity issued nearly 650 original drilling permits in October...

The US DOE has awarded tenders for the purchase of 2.4 million barrels of US-origin crude for delivery into its SPR...

California regulators voted 12-2 last Friday to implement significant updates to the state's Low Carbon Fuel Standard (LCFS) in an...

Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...

Operators in the Gulf of Mexico increased precautionary shutdowns as Hurricane Rafael moved into the Gulf at the tail end of last week...

otalEnergies said Monday it was restarting units at its 240,000 bpd Gonfreville refinery in Northern France after carrying out maintenance...

Qatar Energy announced Monday it has agreed to buy a 23% interest in Chevron's North El-Dabaa exploration block...

North American drilling activity was unchanged for a third week as both the oil and gas count flatlined...

Speculative net length in crude oil futures spiked higher last week following Donald Trump's election victory and a further delay in the OPEC+...

Crude oil futures Friday were drifting lower as the threat to US oil fields from Hurricane Rafael faded, limiting weekly gains to around 2%...

Benchmark crude oil futures slipped Friday with Hurricane Rafael set to avoid critical energy infrastructure upon landfall, while…