Crude Oil News

Libya's National Oil Company (NOC) said Tuesday domestic production of crude oil and condensates had recovered to 1.13 million bpd...

Nigeria's state-owned oil company has started to sell crude to the country's prized 650,000 bpd Dangote refinery this month as the country...

Kazhakstan has revised down its oil production forecast for this year owing to a major overhaul at its largest oil field...

Preliminary statistics from China's Ministry of Transport showed a 4.1% annual jump in domestic trips during its Golden Week holiday...

Asian oil prices were higher Tuesday as markets caught up with the Brent spike after Asian markets had closed in the previous session...

Russian distillate exports are still seeping into Europe, data from LSEG showed Tuesday, despite of the European embargo on the import of...

European refiner OMV was the latest energy company to warn investors to brace for lower quarterly results as it estimated its...

Crude oil futures opened the week firmer with investors again left on tenterhooks regarding Israel's response...

Quantum Commodity Intelligence – Crude built on recent gains Monday as escalating tensions in the Middle East prompted growing concerns of...

Norway expects oil production to climb 5% next year while natural gas output is set to decline by 1.6%...

High global spare capacity, namely from Saudi Arabia and the UAE, should limit the upside to crude prices in the event...

Chevron has sold its stakes in the Athabasca oil sands and Duvernay shale projects to Canadian Natural Resources in a deal worth...

North American drilling activity eased slightly for a third week as oil again led the losses, according to the latest report from oilfield services firm...

Rosneft's export-orientated 240,000 bpd Tuapse refinery has stopped processing crude this month because of weak margins...

East of Suez opened the week on a firm footing as geopolitical tensions continue to dominate, a move that ate into most refined product...

BP is set to abandon its target to slash oil and gas output by 2030 as its new CEO tries to regain investor confidence...

Shell became the latest energy major to warn investors of lower Q3 refining margins as a selloff in global product prices weighed on...

Heightened political tension in the Middle East reignited expectations crude oil supply from the region could face serious disruption...

Saudi Aramco has hiked the OSP for its flagship Arab Light crude loading in November, reflecting the firm rebound in spot...

Oil futures Friday were climbing higher as crude benchmarks extended the week's gains to 10% amid a spike in geopolitical tension and...