Crude Oil News

Storm Kong-Rey has intensified into a super typhoon and is currently en route to make landfall in Taiwan on Thursday, local authorities warned...

Global energy major Saudi Aramco is exploring investment opportunities in Vietnam's oil market in a bid to streamline its crude flows...

US crude oil inventories posted a surprise drop the week ending 25 October, while stockpiles of refined products were also lower...

Kazakhstan expects to cut its official crude oil output figure for the year after an extended maintenance break at one of its major...

Crude oil futures Tuesday were little changed on the day after Israel's limited attack on Iran had sent prices tumbling...

Benchmark crude oil futures traced lower Tuesday as macroeconomic frailty combined with oversupply concerns to weigh on prices, with...

Phillips 66's decision to shutter its Los Angeles refinery was not because California's increasingly difficult regulatory environment

Austrian oil producer and refiner has said that it is not financially dependent on Russian gas after having successfully diversified its import...

Hundreds of thousands of crude call options expired worthless this week after Israel's measured strikes against Iran...

BP announced its lowest quarterly earnings since the Covid pandemic on Tuesday, weighed down by losses in oil trading and refining...

India's September crude oil throughput at its state-run refineries edged higher last month as the worst of heavy rains curtailed...

Oil and gas production at Brazil's Petrobras hit fresh lows in the third quarter of this year, figures showed Monday, spurring imports to rise further...

Fuel oil sulphur spreads have narrowed dramatically in northwest Europe as tightness in heavy residuals...

Sales of new commercial vehicles in the EU increased by 5.5% over the first nine months of the year, industry data showed Tuesday, reaching...

East of Suez crude benchmarks were in retreat for a second session as benchmarks dropped to the lowest level in a month but there was no...

The US has tendered for up to 3 million barrels of US-origin crude oil for delivery into its Bryan Mound SPR site...

Crude oil futures were sharply lower after Israel's coordinated attacks on Iran avoided oil and nuclear sites...

Benchmark crude oil futures slumped more than 5% Monday as Israel's retaliatory strikes evaded Iran's critical oil infrastructure, while LSGO hit...

Galp announced in its third-quarter earnings call a longer than expected drilling timeline for its four-well Exploration & Appraisal programme in...

Thailand's crude oil imports through September recovered from August's 10-month lows as landed volumes were almost 180,000 bpd higher...