Crude Oil News

Crude oil futures Thursday were nudging higher, cementing the week's gains as geopolitical tensions continued to underpin...

Norway's Equinor expects its largest oilfield to decline from peak production next year, its CEO said Thursday...

East of Suez crude markets extended the week's firmer tone as benchmark Dubai posted the highest price since mid-month, while...

The IMF trimmed GDP forecasts in China as macroeconomic weakness continues to grip the nation...

Marathon Petroleum was heard restarting at least two units at its 631,000 bpd Galveston Bay refinery...

Benchmark crude oil and products retraced gains made earlier this week as EIA data showed a large build in US crude inventories, while the market...

US commercial crude oil inventories posted an larger-than-expected build as domestic production held at record levels...

East of Suez crude markets were higher Friday as benchmark Dubai posted the biggest daily gain in three weeks, while the fuel oil market...

Crude oil futures Wednesday were in retreat, but managed to hold on to most of the back-to-back daily increases of 2%...

Goldman Sachs has maintained its average price outlook for Brent crude futures at $76/b during 2025...

High sulphur fuel oil (HSFO) ARA barge cracks turned positive again on Tuesday, shooting more than $4/b higher versus Brent...

US crude oil inventories posted a larger-than-expected build, although this was offset by a draw in product stockpiles...

Brokerage BGC has bought rival OTC, the owner of Oil Brokerage, in a deal that has seen the wave of deals between cash-rich brokerages in the...

Japan's refined oil product stockpile continued to swell last week amid poor demand despite refinery runs falling 3% on the week...

Crude oil futures were higher, having overturned earlier losses as focus stayed on the Middle East...

Benchmark crude oil prices rose 3% Tuesday on escalating tensions in the Middle East, while diesel cracks rebounded from recent lows...

Australian refiner Viva Energy has asked for state support as cracks have come under pressure, with the company seeing a...

A fire at Socar's 120,000 bpd Baku refinery has been extinguished after breaking out earlier in the day, according to local media reports...

Southeast Asia's oil demand will grow 50% by the middle of the century, with higher personal transport use in a richer and more...

The low-sulphur gasoil (LSGO) futures curve has flattened with forward months shifting into contango again for the first time in a month...