Americas Crude Oil News

Brazil's Petrobras has terminated the sale of its LUBNOR refinery in northeastern Brazil, after the state-run company

US refiner Chevron is restarting operations at its Richmond refinery after a power outage...

Crude oil futures Monday were marginally lower as  markets remained choppy amid uncertainty around OPEC+ and the group's attempts...

Crude throughputs at Mexico's ailing refineries collapsed to a three-year low last month...

Asian crude prices Monday were lower as East-of-Suez markets played catch up with Friday's late Brent retreat, while firming jet fuel prices...

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

Money managers reduced net length on ICE Brent crude in the days before last week's OPEC+ meeting fell apart...

Brent crude oil futures Friday were nudging higher, heading for slim weekly gains after...

Russian firms operating out the United Arab Emirates, primarily from Dubai, have come under tighter scrutiny from reginal banks as the US...

Asian crude oil markets closed slightly higher Friday to cement slim weekly gains, while the regrade continued to widen further into...

Brazil's Petrobras announced a new $102 billion five-year investment plan on Friday, up nearly a third from its previous target...

Oil markets remained in a state of flux Thursday after the huge volatility during the previous session when cracks emerged in the OPEC+ coalition...

More than 61,000 bpd or around 3% of oil production in the US Gulf has been shut-in after a pipeline leak...

Motiva and Valero are both expected to start major works at their Texas refineries in January 2024...

Asian crude oil markets closed lower Thursday after a hectic 24 hours led to wild swings after OPEC+ delayed this weekend's planned...

Crude oil futures Wednesday were in sharp retreat, amid concerns that the fragile OPEC+ alliance may be splintering over disagreements on production cuts...

US commercially held crude oil stocks jumped to a four-month high by mid-November as imports climbed over 6.5 million bpd for the first time in two months, more than...

This weekend's planned OPEC+ meeting was thrown into disarray Wednesday, as policy disagreements emerged...

At least seven oil producers in the US Gulf have been shut-in as cleanup operations and an investigation...

Benchmark Dubai crude moved higher for a third session Wednesday on growing expectations that OPEC+ will further trim output, while the rally...