Americas Crude Oil News

Brent crude oil futures moved comfortably back above the $70/b level Wednesday as the market waited on the outcome of discussions...

Distillate fuel oil inventories in the United States declined for the second consecutive week last week, according to latest figures published...

OPEC has maintained its outlook for global oil demand growth in 2025 at 1.45 million bpd, although conceded that a tariff-led trade war...

Middle East crude prices were little changed Wednesday, while the gasoil crack slipped to its weakest against Brent since December...

US commercial crude oil inventories were up last week while gasoline stocks saw a big drop, according to figures from the American...

Occidental Petroleum (Oxy) sees extracting remaining oil reserves, known also as enhanced oil recovery (EOR), in both shale...

South America's nascent oil producer Guyana has begun reviewing a proposal to send its domestic crude...

US crude oil production growth will likely slowly decline and output reach a plateau later this decade, according to ConocoPhillips...

Crude oil futures were nudging higher but Brent remained around the $70/b mark on Tuesday as US tariff policy continues to...

Alberta is exploring ways to increase its crude pipeline capacity to 6-7 million bpd by 2028-2030, according to the province's minister...

The investment arm of the UAE's Adnoc will make significant investments in US natural gas this year via its XRG investment arm...

Middle East crude rowed back Tuesday to leave prices just above multi-year lows, while gasoil cracks continued to slide as peak winter...

Crude prices are likely to move in the $60-$80/b range during 2025 with prices moderated by global trade concerns and slower growth...

Inflation will be elevated over the next six to nine months and this pressure will come mainly from a shortage...

Crude oil futures staged another volatile session Monday with Brent slipping back below the $70/b mark...

Alberta's premiere Danielle Smith expects another 2 million bpd of new exit capacity for crude produced...

Officials in Iraq are targeting a March restart of crude exports via the troubled Kirkuk-Ceyhan pipeline, although complications could still...

Middle East crude prices continued to pull away from recent multi-year lows although trading activity remains cautious, while there...

US Energy Secretary Chris Wright said the country's shale sector can continue expanding even if crude prices drop to $50/b...

US President Donald Trump said he is "strongly considering" imposing broad sanctions and tariffs on Russia, escalating pressure on Moscow...