Crude Oil News

Crude futures and refined product prices rebounded Tuesday after China unveiled a major stimulus package aimed at kickstarting its economy..

Aliko Dangote, owner of one of the world's largest and newest refineries, has lamented passing on the opportunity to buy Arsenal football club...

The start-up of Nigeria's Dangote Refinery may signal the end of the country's subsidies on fuel, Aliko Dangote shared in an interview with...

The Forties Pipeline system could shut as early as 2030 as a result of new UK taxes on its offshore oil and gas business make running...

The US Federal Trade Commission (FTC) is expected to approve Chevron's multi-billion takeover of Hess this week

Middle East crude markets moved higher Tuesday on geopolitical tensions and China's stimulus package, while naphtha timespread pointed to a...

Bank of America (BAML) delivered a fresh warning to oil traders, citing the risk of overexposure to short Brent positioning amid an impending...

European majors Eni and TotalEnergies outlined plans to boost oil and gas production next year...

Crude oil futures Monday were little changed after consolidating the previous-week's solid gains of 4-5%...

Crude and product prices slipped on Monday, but held on to most of last week's rebound, as attention remained...

US natural gas prices surged to three-month highs as a second storm of the month was expected to move into the Gulf of Mexico this week...

A Chinese court declared Sinochem's Changyi Petrochemical bankrupt over the weekend...

This year's weak US natural gas prices have dented the profitability and cash flows of major drillers...

Nigeria's crude oil production hit 1.35 million bpd last month, official data showed Monday, as new streams helped push output to its highest...

Middle East crude opened the week steady as global oil markets largely consolidated gains after last week's Fed rate cut, while weakness...

Oil and gas operators in the north-eastern Gulf of Mexico were bracing for a second major storm of the month...

North American drilling activity eased slightly following the previous week's steepest gain in a year...

The speculative selling pressure on diesel futures continued to pile higher last week as investors were still worried about weak demand for...

Crude oil futures Friday were little changed, heading for a rare consecutive weekly gain as markets looked to have finally halted...

Crude and product futures were a touch lower Friday, but still up sharply on the week...