Americas Crude Oil News

1 Dec 2023
Crude oil futures Friday were drifting lower as markets tested lower levels after the fallout from the...
1 Dec 2023
US production of crude and NGLs came in at just shy of 20 million bpd in September, the latest EIA monthly
1 Dec 2023
The US Department of Energy (DOE) has booked 2.73 million barrels of crude oil via a tender that closed last month, securing further stocks...
1 Dec 2023
OPEC+ members have declared voluntary cuts following Thursday's meeting, with additional reductions totaling around 900,000 bpd...
30 Nov 2023
Crude oil futures Thursday were sharply lower despite OPEC+ seemingly agreeing to deeper cuts next year for next year after reaching a last-minute deal...
30 Nov 2023
OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...
30 Nov 2023
Asian crude prices Thursday were sharply up as prices raced to a three-week high ahead of the OPEC+ meeting, while the drop in marine fuel...
30 Nov 2023
Operations are being restored at Imperial Oil's 120,000 bpd Sarnia refinery after a power outage...
29 Nov 2023
Crude oil futures Wednesday were around 1% higher on the session amid choppy trading, with the deadline for a deal...
29 Nov 2023
Negotiations to thrash out a compromise deal ahead of the crunch OPEC+ meeting continued throughout Wednesday, with analysts now expecting...
29 Nov 2023
Commercial crude oil stocks in the US rose despite crude oil imports slowing and crude refining picking up, blunting...
29 Nov 2023
Fund Elliott Investment Management has taken a $1 billion stake in US oil producer and refiner Phillips 66 and is looking to take two board...
29 Nov 2023
US gasoline stocks were overall higher last week as seasonal demand declined, but continued to tighten...
29 Nov 2023
Asian crude prices Wednesday were higher for a second session amid growing optimism that OPEC+ will find a compromise in time for...
29 Nov 2023
India has resumed purchases of Venezuelan crude after the US last month suspended oil sanctions, with volumes set to pick up next month...
29 Nov 2023
US crude oil stocks posted a modest decrease for the week ending 24 November, while key refined products showed mixed results...
28 Nov 2023
Brent crude oil futures Tuesday were cautiously higher, moving back above the $80/b mark, as traders waited for further news on...
28 Nov 2023
Talks surrounding the upcoming OPEC+ meeting continued Tuesday and while the group, has yet to reach any agreement but market watchers are swaying towards...
28 Nov 2023
TotalEnergies has restarted several units at its Port Arthur refinery after months of planned...
28 Nov 2023
Asian crude prices Tuesday were marginally higher but largely tracking Brent with markets waiting for news on OPEC+, while marine fuel prices...
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