Crude Oil News

Equinor shutdown production at its Sleipner B platform Tuesday on reports of smoke coming from the unmanned North Sea natural gas facility...

East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...

China has issued a larger crude oil import quota for non-state importers at 257 million mt next year, equating to an average of 5.14 million bpd, the...

Canadian crude shipped to the US via pipeline sank to a one-year low in August, official data showed Tuesday...

Crude oil futures opened the week slightly firmer as benchmarks recovered following last week's partial unwinding of the geopolitical premium...

Shell said Monday there was no impact to operations after a pipeline at its Bukom refinery in Singapore spilled up to 40 mt...

Benchmark crude oil prices rebounded Monday as escalations in the Middle East conflict compounded with expectations of imminent Israeli retaliation...

Saudi Aramco remains optimistic in its outlook on China's oil demand, CEO Amin Nasser said Monday, with hopes that the government's recent...

Portuguese oil product demand was sharply higher last month as both gasoline and diesel recorded strong growth on the year...

North American drilling activity was marginally larger as the rig count dipped for a fourth week in the last five...

Vitol's Asia CEO Mike Muller will retire in 2025, handing over the reins to Kieran Gallagher, Managing Director of Vitol Bahrain...

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

Sudan's energy minister said Sunday the war-torn country was ready to resume exports from its landlocked neighbour South Sudan...

Norwegian oil and gas production fell to its lowest levels in more than two years in September, preliminary monthly production figures from the...

Libya's National Oil Company (NOC) said crude oil production was back to its peak of more than 1.3 million bpd on Sunday, including record...

Saudi Arabia reclaimed its position as the second-biggest crude oil exporting origin to China in September as cargo arrivals surged...

Speculative net length of US gasoline futures spiked in  the week to 15 October amid tighter fundamentals underpinned by supply...

Crude oil futures Friday were slightly lower and heading for steep weekly losses after an erosion in the geopolitical risk premium...

Quantum Commodity Intelligence – Benchmark crude oil futures fell 8% over the week on Friday to marking their largest seven-day decline in over...

French oil major TotalEnergies has decided to sell its Brazilian fuel distribution activities in Brazil to local firm SIM Distribuidora...