Crude Oil News

5 Nov 2024
Officials in Beijing have greenlighted a new non-state-owned crude oil importer despite ongoing headwinds that have seen refinery...
4 Nov 2024
Crude oil futures opened the week firmer after OPEC+ over the weekend announced a one-month to delay to planned production increases...
4 Nov 2024
The volatile situation in the Middle East and broader geopolitical tensions will remain a primary driver of oil prices...
4 Nov 2024
TotalEnergies has upped its global energy demand outlook on rising living standards in the Global South with that rise mostly met by oil and...
4 Nov 2024
Benchmark crude oil futures rose on Monday following the weekend's announcement that OPEC+ would delay planned production hikes further...
4 Nov 2024
Gulf of Mexico oil and gas producers were on alert Monday as another tropical storm makes its way through the Caribbean...
4 Nov 2024
Spain's road transport fuel consumption fell over the month in September as steep declines in gasoline outweighed subtle increases in diesel...
4 Nov 2024
Investors see little prospect of global energy demand growth slowing and have urged more cash is needed to match it to avoid…
4 Nov 2024
US refiner Valero has been fined $82 million by California regulators over toxic emissions at its Benecia refinery...
4 Nov 2024
Crude oil output from core OPEC members increased by 370,000 bpd in October after Libya quickly ramped up to full capacity...
4 Nov 2024
Middle East crude opened the week little changed as Monday's Brent increase cancelled out the late-Friday selloff, while Asia jet fuel tightness...
4 Nov 2024
Crude oil output in the Canadian province of Alberta stalled in September, official data showed Monday,
4 Nov 2024
OPEC+ has further delayed plans to start restoring voluntary production cuts, with eight producers set to keep a lid on output for at least...
4 Nov 2024
Taiwan's crude oil throughput plummeted in September to just 689,500 bpd, the lowest point not seen since last November as poor refining margins...
4 Nov 2024
North American drilling activity was unchanged for a second week as a marginal dip in oil rigs was again offset by a similar increase...
4 Nov 2024
Investors bolstered their bearish bets on US crude oil prices as a sharp increase in crude oil stocks weighed while speculative positioning on...
1 Nov 2024
LyondellBasell has started shuttering its Houston refinery and is considering turning the 106-year-old facility into a biorefinery...
1 Nov 2024
Benchmark crude oil futures edged higher Friday as the market braced for further escalation in the Middle East conflict, while LSGO cracks climbed to...
1 Nov 2024
Crude oil futures Friday were higher as the geopolitical premium made a return on renewed...
1 Nov 2024
Ultra-low sulphur diesel (ULSD) loadings at Russia's Baltic port of Primorsk are seen flat on the month in November...
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