Americas Crude Oil News

A fire which broke out at Marathon's 633,000-bpd Galveston Bay crude oil refinery, south of Houston, Texas...

Shipping costs for the largest class of oil tankers on benchmark Middle East Gulf-China have sunk to around one-year lows...

Oil and gas producer Vermilion Energy cut its forecast for the second quarter...

Asia crude oil markets started the week little changed Monday, but downward pressure on the naphtha market...

North American drilling activity was sharply lower as number of rigs drilling for gas tumbled by the most in seven years the week ending 12 May...

Crude oil futures Friday were drifting lower and heading for a fourth weekly loss, as the Washington debt-ceiling standoff...

Fuel oil flat prices and cracks stabilised in a quiet week for the oil market, with little fresh conviction driving moves...

Iraq does not expect OPEC+ to make further cuts to oil output at its next meeting in June...

Citgo has announced the successful expansion of its Lake Charles refinery by 38,000 bpd...

Asian crude prices were sharply lower Friday with market structure also coming under downwards...

Support is growing for new measures aimed at the so-called 'shadow fleet' of tankers behind the transportation of oil...

Crude oil futures Thursday were drifting lower, as wider concerns over the US economy wiped out earlier gains...

Asia crude prices nudged higher Thursday with markets underpinned by this week's rebound...

French banking group BNP Paribas said Thursday it will no longer provide any financing dedicated to the development of new oil and gas fields...

Crude oil futures Wednesday were lower as prices found only a brief respite after US inflation data for April came in slightly better than expected...

US commercial crude oil stocks edged higher by 3 million barrels in the week to 5 May as a rise in net imports bolstered...

The US Energy Information Administration has reduced its forecasts for Brent and WTI crude, as well gasoline and diesel for this year...

Middle East crude prices were little changed Wednesday with markets largely consolidating the week's gains, while refined products were...

Crude oil futures Tuesday were higher, having reversed earlier losses after the US said it would start to replenish the nation's strategic reserves...