Crude Oil News

Norwegian oil production exceeded expectations in August at 1.76 million bpd, preliminary monthly production figures from the Norwegian Offshore...

Middle East benchmark Dubai crude continued to pull away from the yearly lows registered earlier this month, albeit in what was only the second...

Trading house Trafigura could name Richard Holtum as successor to CEO Jeremy Weir next week, according to a Friday report in the...

The rebound in Asian crude prices came to a halt with the uplift from the Federal Reserve 50bp rate cut now largely priced in, while the refined...

US refinery maintenance this autumn is set to be the lowest since 2021, according to analysts IIR Energy...

China's crude oil imports marked as Malaysian origin surpassed those from Saudi Arabia last month as refiners sought cheaper barrels...

Crude oil futures Thursday were climbing higher, despite the initial muted reaction to the Federal Reserve's much-heralded...

Crude and product prices were sharply higher Thursday, buoyed by hopes that a steep cut in US interest rates...

ARA product stocks were seen up again this week as arrivals pushed diesel to a fresh high, while gasoline rebounded...

Saudi Arabia's crude production rebounded from recent lows in July, but remained capped by the recently extended OPEC+ production agreement...

The US Department of Energy (DOE) has tendered for up to 6 million barrels of US-origin sour crude oil delivered into its...

East of Suez crude prices climbed higher Thursday following the global trend, while the recovery in gasoline persisted as cracks touched a...

Italian oil product demand eased over the month August, but diesel, jet and gasoline were all still higher...

QatarEnergy has awarded its monthly Al Shaheen tender for November at sharply higher premiums, signalling a pick up in spot...

Japanese oil refiners continued to ramp up crude runs last week, further easing the domestic jet supply shortage since the summer while...

Crude oil futures were slightly lower Wednesday as investors gave a muted reaction after the US Federal Reserve announced a 50bps cut....

rent crude inched higher for a third straight session Wednesday, as a bullish EIA report helped consolidate gains ahead...

Quantum Commodity Intelligence –  US commercial crude oil inventories posted tenth draw in the past 12 weeks as stockpiles sunk...

US gasoline inventories were flat last week as supply disruptions from Hurricane Francine combined with higher domestic demand...

Commerzbank joined the chorus of analysts in cutting its Brent crude forecast Wednesday,