Crude Oil News

Crude stored in EU-16 countries dropped to its lowest level since the early 1990s last month, Euroilstock data showed Thursday...

Crude oil prices in Asia were marginally lower Thursday as markets steadied at lower levels, while the gasoline physical market continued...

Hurricane Milton has swept across Florida's Gulf Coast to make landfall in the early hours of Thursday morning, dealing yet another...

Crude and products extended this week's losses Wednesday as de-escalating tensions in the Middle East started to unravel the war risk...

Crude oil futures Wednesday were sliding lower, but were again subject to significant swings amid headline-driven trading...

US oil production growth is set to moderate in 2025 amid slower growth from the giant Permian Basin although it will still post a record...

US commercial crude oil inventories posted an unexpectedly large increase for a second consecutive week amid higher production and...

S gasoline stocks recorded its largest drawdown of 2024 last week as demand surged past 9.6 million bpd in between...

The Energy Information Administration has revised down its forecasts for oil demand for this year and the next, citing refining weakness in...

The war risk premium that crude markets were pricing in last week has started to unwind, with volatility starting to normalise as Israel...

Russia will take 4 million mt or around 950,000 bpd of domestic refinery capacity offline this month...

US crude oil inventories posted a huge build of almost 11 million barrels the week ending 5 October, although product stockpiles were...

Chevron announced an emergency flaring Wednesday morning at its Leviathan gas rig near Israel's coast...

East of Suez crude prices rowed back Wednesday following the broader oil selloff, while a tightening gasoil market pushed cash differentials...

Crude oil futures Tuesday were in sharp retreat from the early-week highs amid uncertainty over Israel's likely response to...

The EIA cut its forecast for crude and oil products prices on Tuesday citing weak global demand...

Crude lost grip of the $80/b handle Tuesday as bearish market signals emerged from the shadows to reignite some downward pressure on prices...

US crude exports fell to their lowest level in over a year in August as Chinese demand for its barrels slumped to zero, monthly government...

State-owned Qatar Energy on Tuesday signed a 20-year supply agreement with Shell for up to 18 million mt of naphtha...

Hurricane Milton was set to swell on its path towards the battered US Gulf Coast Tuesday, even as its intensity faded, with the now-Category 4...