Crude Oil News

The global crude oil market saw prices trading lower on Friday despite the Chinese government announcing a massive $1.4 trillion stimulus package...

Middle East benchmark Dubai crude ended marginally firmer over the week, after a solid start helped to offset...

Middle East crude prices were marginally lower Friday as benchmarks posted slim weekly gains of under 0.5%, while refined product cracks...

Emergency services were called to inspect reports of a leak of benzene gas at Cenovus Energy's Lima refinery on Thursday...

An outage at Greek refiner Motor Oil's Corinth 200,000 bpd refinery has damaged one its crude distillation units and repair work will last...

Operators in the Gulf of Mexico increased precautionary shutdowns as Hurricane Rafael moved in on Thursday, halting over a...

Benchmark crude oil futures inched lower Thursday as sentiment softened following Trump's return to office, while gasoline cracks remained at year lows....

Crude oil futures Thursday were nudging higher, as benchmarks continued to claw back the initial losses following Donald Trump's election victory...

Oil prices are likely to fall next year and could drop as low as a $60/b average for Brent following Donald Trump's election win Wednesday...

Operators in the Gulf of Mexico have started precautionary evacuations of rigs and production shutdowns as Hurricane Rafael...

oland's Orlen group is considering terminating its multi-billion dollar Olefin III petrochemical project on concerns over its profitability...

Middle East crude prices edged higher Thursday, regaining the previous day's losses, while the products market saw the recent recovery...

Refined product stocks in Singapore rebounded sharply in the past week as light distillate inventories jumped amid gasoline net imports...

Chinese oil product exports dived in October to the lowest level since August 2022 as limited export quotas and low crude runs throttled...

Jet fuel stocks in Japan jumped last week on the back of higher crude throughput as local refiners filled up storage tanks in preparation for...

Crude oil futures were moving sideways Wednesday as the market digested news of a Donald Trump win in US Presidential...

Benchmark crude oil futures traded slightly lower Wednesday as the market anticipated policy under the new Trump regime to favour...

US crude oil inventories hit a three-month high last week as a build in commercial crude stocks outstripped analyst expectations slightly...

BP has announced plans to sell its fuel stations and EV charging infrastructure across the Netherlands as the company seeks to...

Oil prices eased Wednesday as investors weighed the implications of a convincing victory for Donald Trump in US Presidential race...