Americas Crude Oil News

Crude oil futures were again sharply lower Wednesday, hitting fresh six-week troughs as expected interest rate hikes in the US and Europe...

Phillips 66 joined the chorus over a bullish gasoline summer driving season as it became..

US crude oil stocks were back down last week although that was not enough to halt the selloff in a market that is...

Iran's Revolutionary Guard has seized a second oil tanker in space of a week from the strategic Strait of Hormuz...

Middle East crude tumbled around $5/b Wednesday, catching up with losses on western benchmarks...

Morgan Stanley has trimmed its outlook for Brent crude this year by 9-14% as...

OPEC's crude output in April dropped to the lowest level in almost year with Iraq accounting for the lion's share of losses...

Crude oil futures Tuesday were sharply lower as investors continued to digest bearish data from China released on Sunday, while concerns...

Output from the core OPEC members during April fell by 190,000bpd as Iraq and Nigeria struggled...

US refiner Marathon reported a sharp jump in first quarter profits Tuesday on the back of higher margins..

BP's shareholders have shown "broad support" for its change in strategy to boost its short-term oil...

Middle East crude opened little changed as markets moved sideways ahead of the US rate decision due this week...

nvestors rewound bullish bets on crude and turned net short on European diesel last week for the first time in 2.5 years...

Crude oil futures in European trading hours Monday were drifting lower following the release of sluggish data from China and ongoing concerns...

Brazil's crude oil exports hit a record 2.5 million bpd in March as domestic refining capacity was knocked offline by...

US oil drilling rig numbers were steady in the week to 29 April with 591 sites operating across the country, according...

Crude oil futures Friday rebounded strongly as markets recovered from monthly lows registered this week...

Profits increased more than expected at US major Chevron, as it became the latest oil...

ExxonMobil more than doubled its year-on-year Q1 profit, it said Friday, while adding that refining...

Middle East crude rebounded Friday with a strong finish to the month as benchmark Dubai flipped back above Brent...