Americas Crude Oil News

Energy giant BP has confirmed the successful start oil production at its Argos Deepwater offshore platform, its first new development...

Crude oil futures edged up Friday having given up some of the week's gains in the previous session, while heading for a fourth weekly increase...

Global oil demand is on the rise and will hit a record 101.9 million bpd by the year-end, with growth in China...

Dubai crude oil prices eased back Friday but continued to trade at a small premium with Brent, while activity finally...

Crude oil futures in European trading hours Thursday were trading close to the 10-week highs registered after a number of bullish pricing signals...

OPEC held its forecast for oil demand growth this year unchanged at 2.3 million bpd in...

Benchmark Dubai crude oil prices stormed to fresh five-month highs Thursday, while the gasoline crack continued to soften...

The Biden administration hopes to refill the Strategic Petroleum Reserve provided it is "advantageous" to taxpayers...

Crude oil production from OPEC+ producer alliance dropped by 300,000 bpd during March as output fell in sanctions-hit Russian...

Crude oil futures Wednesday were sharply higher, with markets shrugging off a surprise build in US inventories as focus switched to US inflation...

US crude oil stocks slipped slightly last week as a small SPR release outweighed a build in commercial stocks that...

US gasoline stocks were broadly flat last week as implied demand fell for only the second...

The Intercontinental Exchange (ICE) announced Wednesday it will increase expiry and delivery position limits...

Asian crude oil prices moved higher Wednesday, with benchmark Dubai up to a fresh five-month high and weighing...

US gasoline production is expected to increase more than gasoline consumption in 2023...

The US Energy Information Administration (EIA) has raised its oil price forecasts by 2.5% for 2023 after OPEC+ cut output...

Crude oil futures Tuesday climbed g higher as demand optimism and last week's announced OPEC+ cuts countered ongoing fears...

Price Reporting Agency Platts has issued a further update ahead of June's overhaul of the Dated Brent benchmark, paving the way for the inclusion of WTI Midland crude...

Traders hiked bullish bets on ICE Brent crude at the fastest rate since 2016 in a few days last...

Asian crude oil prices eased slightly Tuesday with markets looking for fresh impetus after last week's OPEC+ cuts...