Americas Crude Oil News

Crude oil futures rebounded during European trading hours on Thursday, with extended output cuts from Saudi Arabia and Russia enough to walk back much of Wednesday's...

Asian crude oil prices Thursday eased back after global crude benchmarks wobbled following the US ratings downgrade...

Crude oil futures Wednesday were lower as renewed concerns over the US economy erased earlier gains...

US crude oil stocks saw a far bigger than expected draw in the week to 28 July, with the Energy Information...

Asian crude oil prices Tuesday continued the relentless march upwards, posting the second highest print of 2023...

The US Department of Energy (DOE) has passed on the opportunity to purchase a further 6 million barrels of oil for the SPR...

OPEC's combined crude output in July retreated sharply according to a survey published by Bloomberg...

US crude oil stocks dropped by record levels the week ending 28 July...

US oil producer Marathon Petroleum expects a fire-hit catalytic reformer at its Galveston, Texas refinery to remain out...

Crude oil futures Tuesday were drifting lower as Brent paused following a solid July which lifted prices by over $10/b since early month, although sentiment remains...

Brazil's crude oil output hit a fresh record in June as offshore output continued to expand as exporters defied...

Asian crude oil prices started the new month on a firm footing as benchmark Dubai posted another three-an-a-half-month...

The monthly average price for benchmark Middle East Dubai was sharply higher in July versus June, underpinned by production cuts from Saudi Arabia...

Fracking pioneer Harold Hamm and founder of Continental Resources remains upbeat on the prospects for the shale business...

Crude oil futures in European trading hours Monday maintained the month's firm upwards momentum with Brent prices heading...

Goldman Sachs has raised its oil demand forecast for 2023 to an all-time high, although has kept its price forecasts...

Output from the core OPEC members during July fell sharply, reflecting the first month of Saudi Arabia's additional voluntary cut...

North American drilling levels registered yet another drop in the final week of July, posting a 12th loss out of the 13 weeks...

Asian crude oil prices Monday ended July on a firm note as benchmark Dubai posted fresh three-an-a-half-month highs...

Traders extended bullish bets on US crude and refined products last week, as refinery issues...