Americas Crude Oil News

US crude oil stocks rebounded from last week's six-month lows, with the EIA's Weekly Petroleum Status Report showing...

Goldman Sachs' chief commodities researcher has reiterated the bank's bullish outlook on oil pricing, with Brent futures poised to move up to...

Middle East crude were again higher pushing up to fresh 10-week highs Wednesday as Dubai continued the...

US crude oil and oil product stocks rose last week during the holiday period, according to Wednesday reports...

Crude oil futures Tuesday were climbing higher as Brent looked to consolidate the recent breakout level above $77.50/b...

Crude prices should average $80/b out to the end of the year as demand from China and India are joined by higher...

Benchmark Dubai prices climbed to 10-week highs Tuesday, extending the gradual gains in place since Saudi Arabia...

Middle East crude prices were again firmer as Dubai posted 10-week highs Tuesday, while naphtha continued to...

Crude oil futures Monday were lower after US Treasury Secretary Janet Yellen said that a recession for the US was "not completely off the table"...

Brazil's refiners continued to increase oil product output in May, with diesel, gasoline and fuel oil output all jumping...

North American drilling activity posted an overall gain for the first time in 10 weeks, led by a surge in gas rigs...

tate-owned Pemex said around 700,000 barrels of oil production was shut-in after a deadly...

Traders trimmed short positions in the days leading up to production cuts announced by Saudi Arabia

Middle East crude prices maintained July's strong uptrend and hit a fresh two-month high Monday, while the tight supply...

The US Department of Energy (DOE) announced late Friday that it will purchase a further 6 million barrels of oil for the SPR...

Crude oil futures Friday were higher as benchmarks consolidated at the upper end of the two-month range, as Brent managed to hold above $77/b...

German investment bank Commerzbank has revised downwards its forecast for the Brent crude oil this year and next, as market sentiment will remain bearish...

Middle East crude prices maintained the week's positive trend, hitting a two-month high Friday and pulling further...

Refinery capacity in the US increased this year for the first time since 2020...

Energy major Shell has warned investors it expects a big hit to its biggest profit-making unit...