Crude Oil News

Crude and products slipped Wednesday as markets reacted to Iran's missile strike overnight on Israel...

US commercial crude oil inventories posted an unexpected increase for only the eleventh build in the past 14 weeks as stockpiles climbed...

Crude oil futures rowed back from the session's one-month highs which followed Iran's missile attack on Israel, but markets remained on edge...

US gasoline stocks rebounded last week as demand slumped nearly 700,000 bpd in between two hurricanes...

The OPEC+ Joint Ministerial Monitoring Committee (JMMC) concluded its 2 October meeting but again focusing on compliance levels...

Saudi Arabia's energy minister sent a warning shot to OPEC+ coalition members that have been persistently producing above quota...

The OPEC+ producer group is performing a noble job in balancing oil markets and managing price stability, UAE Energy Minister...

Chevron resumed production at the Tamar and Leviathion natural gas platforms offshore Israel on Wednesday...

East-of-Suez crude prices soared by more than 6% in response to Iran's missile strikes against Israel, with the sharp rally extending...

Crude oil output in the Canadian province of Alberta reached its highest level so far this year in August...

US crude oil inventories posted a further draw for the week ending 27 September, while product stockpiles were mixed...

Refined oil product inventories in Japan rebounded 3% last week to a three-month high of 63.53 million barrels as local refiners ramped up crude...

Crude oil futures surged higher on the deteriorating geopolitical situation in the Middle East, sparking fears a major expansion in...

Crude and product futures were sharply higher Tuesday on reports Iran was preparing a ballistic missile strike at Israel...

Naphtha cracks hit fresh highs Monday, propelled by strong Chinese demand in the run up to its Golden Week...

A meeting scheduled for Wednesday by members of an OPEC+ technical committee is not expected to make any recommendation...

TotalEnergies will ink a final investment decision (FID) for the GranMorgu development on Block 58 in Suriname for $10.5 billion, the company...

HSBC has cut annual oil price forecasts for this year and the next, citing increased OPEC+ supply later this year outpacing sluggish demand...

Taiwan has shut its largest ports, grounded flights and reduced some refinery operations as Super Typhoon Krathon...

Middle East crude opened the new trading month lower as faltering demand growth offset political tensions in the region, a move that also pulled margins for...