Americas Crude Oil News

Tensions between Venezuela and its newly oil-rich neighbour have ratcheted higher after President Maduro...

Asian crude prices Wednesday resumed the downward slide after a brief respite in the previous session, with the move leaving...

The source of an oil spill in the US Gulf remains unsolved almost three weeks after a pipeline leak shut-in around 61,000 bpd of...

US crude oil stocks posted a modest build for the week ending 1 December, while refined products also increased to complete...

The Nigerian National Petroleum Co. will change the methodology for the way it prices crude oil sales, switching from the current pricing...

Crude oil futures Tuesday were marginally higher after eventually finding support at lower levels in the wake of the three-day selloff...

Oil markets face an uncertain outlook for next year but will trend higher during 2024 with the expected Q1 surplus set to narrow...

The US State Department has warned it could reimpose sanctions on Venezuela as a border dispute with...

Saudi Aramco has cut Official Selling Prices (OSPs) on its flagship Arab Light crude for January-loading to Asia, the first reduction since...

Asian crude prices Tuesday steadied after slumping more than $6/b in the wake of the OPEC+ meeting, while...

Marathon Petroleum was forced into an emergency shutdown of an unspecified unit at its 363,000 bpd LA refinery...

Crude oil futures Monday were under further downwards pressure after last week's fresh round of OPEC+ cuts did little to address...

Brazil's crude exports and production pulled back from recent record highs in October...

The US will take advantage of recent lower oil prices and step up the buying program to replenish its SPR...

Brazil will not be joining the OPEC oil producers' alliance under the presidency of Lula da Silva...

Asian crude prices Monday were sharply lower as global oil markets continued to tumble following the OPEC+ meeting, with the price drop...

North American drilling activity nudged higher for a third consecutive week although the gains were again modest...

Money managers reduced some of the bearish positioning built up ahead of last week's chaotic OPEC+ meeting...

US environmental regulators on Saturday said they would pass new measures...

Asian crude prices Friday were sharply lower after global oil markets slumped following the OPEC+ meeting, while the start of a new month...