Crude Oil News

Refined oil product deliveries into the Spanish market from Exolum terminals lost momentum in March, according to figures published on...

Oil futures were edging higher during Asian trading hours Wednesday as the market remained on edge ahead of the expected rollout of...

Thursday's OPEC+ meeting is likely to hold few surprises, with the group widely expected to focus on compliance while likely confirming...

Nigeria's government on Wednesday ousted the chief executive of state-owned NNPC Mele Kyari, alongside the chairman and rest of the...

Crude oil output from core OPEC members eased slightly in March with Iraq and Nigeria leading the cuts, according to a Bloomberg survey...

Tightening US sanctions against Iran and Venezuela threaten to reverse recent production gains, analysts at Saxo warned on Wednesday...

Dubai crude ramped up to five-week highs Wednesday amid the feared crunch on sour crude supplies, while naphtha cracks and diffs...

Russian oil pipeline operator Transneft suspended oil loadings at a single mooring at the Black Sea port of Novorossiysk for 90 days on...

Goldman Sachs warned on Tuesday that potential US tariffs on oil imports could push up fuel prices and refining margins, even as markets show little sign of pricing in the risk...

Iran could maintain a stable crude oil output even if the nuclear negotiations with the US fall apart, triggering the Trump administration to impose...

Turkey's seaborne crude oil imports recovered from January's three-month lows and were marked 2% higher on the year in...

Discounts for Western Canadian Select (WCS) crude for May supply have tightened to a multi-year high amid strengthening demand...

US commercial crude oil stockpiles swelled while fuel stocks sank for the week ending March 28, according...

Alaska North Slope crude production this year is surpassing year-ago levels for the first time in seven years...

Benchmark crude oil futures extended gains Tuesday as increasing Western pressure on global oil supply coincided with improving...

Enbridge's Line 5 resumed service late Monday after power was restored, but the system was brought...

Oil futures traded higher on 1 April as US President Donald Trump renewed threats of secondary tariffs on Russian oil buyers...

Independent commodity trader Gunvor reported on Tuesday a 42% decline in profits last year as global oil prices retreated further from recent...

Sinopec's refinery throughput declined 2% in 2024 as the Chinese oil major grappled with falling domestic demand for diesel and a...

Exports of Mexican crude to the US in January sank to the lowest levels in 44 years as the Latin American...