Americas Crude Oil News

Middle East crude markets Monday rebounded strongly after Saudi Arabia cut 1 million bpd from July output, while...

Shelter-in-place and evacuation orders have been lifted around the Calcasieu Refining Company's...

Fund managers slashed short positions held in Brent futures contract by 20% in the seven-day...

North American drilling activity shrunk for a fifth consecutive week, falling by the highest number of rigs since September 2021...

ExxonMobil is looking to double yields from its US shale assets over a five-year period utilising new technologies...

The prospect of OPEC+ cuts to crude production propped up prices of Brent and WTI in early...

US crude stocks saw another big jump in commercial inventories last week although the rise was slightly smaller than...

US gasoline stocks were largely unchanged last week, delayed EIA data showed Thursday...

Crude oil futures Thursday were slightly lower after the Biden/McCarthy debt-ceiling deal was passed by the House of Representatives...

Brazil's oil product output slumped to two-year lows in April as the effects of government policy shifts on pricing saw...

A US company has launched a protocol aimed at assessing and guaranteeing the integrity of carbon credits...

Reuters has registered its "disappointment" after its journalists were effectively barred from formal proceedings at the weekend's OPEC+ meeting...

Chevron shareholders have rejected a proposal calling for the US oil major to exclude greenhouse gas emissions linked to...

LlyondellBasell has decided to extend the life of its 264,000 bpd refinery in Houston...

Middle East crude markets Thursday extended the week's losses, while naphtha was under pressure after data from China...

Crude oil futures Wednesday were in retreat again, but prices bounced from lows after Speaker of the House Kevin McCarthy confidently predicted...

Shareholders in US energy major Exxon on Wednesday gave overwhelming support to the company's views and strategies on climate...

Brazil's crude oil output edged 1% higher in April but still remained short of record levels seen at the start of...

Output from the core OPEC members during April fell by 460,000 bpd as key producers in the Middle East Gulf implemented...

US oil major Chevron is facing a resolution today at its annual shareholders meeting calling for it to exclude greenhouse gas…