Crude Oil News
15 Oct 2024
The diesel HOGO spread has surged near 2024-highs in recent sessions as US supply disruptions and refinery run cuts tighten the Atlantic market...
15 Oct 2024
Service stations across Florida resumed operations Monday, loosening the grip of severe fuel shortages that the state has grappled with...
15 Oct 2024
Israel will not target Iran's oil and nuclear installations, instead focussing on military and strategic targets...
15 Oct 2024
Angola's crude oil output slipped 4% last month, with September crude production almost 50,000 bpd lower than in August at 1.12 million bpd...
15 Oct 2024
The IEA on Wednesday lowered its forecast for oil demand this year but raised its outlook for 2025...
15 Oct 2024
Middle East crude extended the early week losses Tuesday amid an eroding geopolitical risk premium while winter demand for kerosene...
15 Oct 2024
Shipments of gasoline to Nigeria slumped in the first two weeks of October, S&P Global Commodity Insights vessel-tracking data showed Tuesday...
15 Oct 2024
California Governor Gavin Newsom singed legislation Monday that could force the state's dwindling number of refiners to hold...
15 Oct 2024
QatarEnergy has issued a sell tender for its keenly-watched Al Shaheen grade, with premiums set to ease...
14 Oct 2024
Quantum Commodity Intelligence – Benchmark crude oil futures retreated from recent highs Monday, unravelling the gains made towards the...
14 Oct 2024
Russia's crude oil exports slipped 4% in September, with monthly figures from the Russian Association of Seaports published showing...
14 Oct 2024
Speculators continued to buy back long positions in the crude futures market last week as attention increasingly fixated on unfolding political...
14 Oct 2024
ndia's Reliance Industries reported a 3% drop in quarterly earnings Monday, as it said unfavourable global demand-supply...
14 Oct 2024
Crude oil futures Monday were in retreat as Israel continued to defer its planned attack on Iran, while concerns over demand from China...
14 Oct 2024
ietnam's refined oil product imports slipped to a 10-month low in September amid a slowdown in diesel and LPG landings, while there was...
14 Oct 2024
Nigerian oil producer Belemaoil has resumed operations at its oil block Oil Mining Lease (OML) 55, the company announced Monday...
14 Oct 2024
Weak refining margins and uncertainty around downstream demand meant China's crude oil imports remained disappointing last month...
14 Oct 2024
The amount of crude oil and oil products flowing through the Bab el-Mandeb, tumbled by more than 50% in the first eight months of...
14 Oct 2024
OPEC has once again cut its forecast for global oil demand Monday, marking the group's third consecutive downward revision to their outlook...
14 Oct 2024
Middle East crude opened the week lower as Israel continued to hold off on an expected strike against Iran, while demand in the gasoline...