Americas Crude Oil News

Texas City officials lifted a shelter-in-place order Sunday after a chemical release at Marathon Petroleum's Galveston...

Asian crude prices Monday were as little changed as markets consolidated gains from the second half of the previous week...

North American drilling activity posted an increase following four consecutive weeks of slim gains...

Crude oil futures in European trading hours Friday were little changed as Brent headed for slim weekly gains after registering...

Asian crude prices extend the gains seen at the back-end of the week although the spot market remained sluggish, while gasoline cracks ...

Tensions between Venezuela and Guyana have eased after the countries' leaders...

Crude oil futures Thursday were sharply higher as benchmarks continued to pull away from this week's five-month lows..

Asian crude prices rebounded strongly Thursday after prices slumped to fresh five-month lows midweek, while...

The IEA removed a massive 400,000 bpd from its oil demand forecast for the final three months of 2023 on Thursday...

Firefighters were tackling a blaze at Marathon Petroleum's 593,000 bpd Galveston Bay refinery in Texas

Crude oil futures in European trading hours Wednesday were bouncing around five-month lows after benchmarks tumbled more than 3%....

Commercially-held crude oil stocks in the US tumbled by over 4 million barrels for a second straight week to hit a one-month...

The EIA has slashed its Brent crude forecast for next year, even with the latest OPEC+ production cuts...

Asian crude prices took a massive nosedive Wednesday slumping to fresh five-month lows as the relentless selloff continued, pulling...

Crude oil futures Tuesday were in sharp retreat having failed to consolidate earlier gains, as benchmarks retested last week's five-month lows...

The brief rebound in Asian crude prices came to a halt Tuesday but of more concern for producers will be the crunch in market structure, a...

The wave of consolidations in the US shale belt continued Tuesday as it was announced Occidental Petroleum had agreed to buy rival Crown...

Venezuela's President Maduro will seek a peaceful and diplomatic solution to its border...

Crude oil futures Monday were higher following a late rally after benchmarks initially struggled to consolidate the previous session's cautious recovery...

The OPEC+ producer alliance will have to maintain supply discipline throughout 2024 in order to keep global oil markets balanced...