Crude Oil News

Crude extended recent gains Friday as Middle East tensions helped Brent record its steepest weekly gain for the year...

Global gasoline cracks slipped this week, unable to keep up with the gyrations in crude markets despite a sharp jump in cash markets...

Middle East benchmark Dubai crude posted the steepest weekly percentage gain of  the year as elevated tensions in the Middle East...

East of Suez crude extended the weekly rally to over 8%, catching up with the Brent gains after Asian had closed on Thursday, while also...

ExxonMobil expects lower oil prices and a drop in refinery margins to hit third quarter earnings by up to $2 billion...

Oil production retreated nearly 4000,000 bpd during September, primarily due to the widespread field closures across Libya...

Brent crude futures surged past the $77/b mark as investors waited for Israel's next move in the heightened Middle East conflict...

The Norwegian Environment Agency has proposed higher sustainability requirements for biofuels as part of plans to partially ban the use of...

Crude and product prices were sharply higher Thursday on reports Israel was eyeing Iran's oil facilities in retaliation to Tuesday's missile strike...

Gasoline stored in the ARA region edged higher this week as exports slowed and barge trading liquidity firmed...

Shell has closed multiple units at its 404,000 bpd Pernis refinery in Rotterdam for major works...

Libya's eastern government on Thursday lifted force majeure on oil loadings under its control...

A potential tightening of naturas gas supplies from Israel could skew European prices to the upside this winter...

High sulphur fuel oil (HSFO) barges in Northwest Europe have surged above Brent futures in the last few days...

Middle East crude prices eased back but remain close to one-month highs, while a boost to higher light end stocks in Singapore weighed...

Powerful typhoon Krathon has made landfall in southern Taiwan, bringing heavy rains and strong winds with it, local government warned...

Canada's Suncor Energy will shut its 137,000 bpd Montreal refinery on 7 October for planned maintenance...

OPEC's crude output in September tumbled nearly 500,000 bpd after the slump in Libyan output, but Iraq continued to pump way above...

OPEC late Wednesday refuted a Wall Street Journal article that claimed Saudi Arabia had warned members that prices could drop...

TotalEnergies has shut an unspecified unit at its 240,000 bpd Gonfreville refinery for maintenance