Americas Crude Oil News

Energy Secretary Jennifer Granholm said the US could begin buying back crude to restock the Strategic Petroleum Reserve later this year...

Asian crude continued to recover Wednesday as focus switched back to oil fundamentals, although the banking crisis...

Crude oil futures Tuesday were slightly higher, consolidating the previous session's firm gains, which came with an announced rescue plan...

Asian crude prices rebounded strongly amid signs of further stability in the US banking sector...

Crude oil futures Monday were trending higher, while US officials attempt to calm nerves after this month's banking crisis rocked...

Asian crude prices opened the week little changed with a rare period of calm as markets wind down for the...

North American drilling activity was higher the week ending 20 March, posting a second weekly gain...

The restart of Colorado's only refinery has hit another problem, operator Suncor reporting...

Investors dumped bullish bets on crude, diesel and gasoline again last week as concerns...

Crude oil futures Friday were in sharp retreat, having come under pressure late in the previous session after the US ruled out an immediate restocking...

Oil markets were rattled again Friday amid further turmoil from the banking sector, this time with the Credit Default Swaps market...

Asian crude prices eased back Friday as global oil markets wobbled as banking jitters returned, while gasoline cracks continued to rise...

The US has pushed back on previous comments that it would begin a buyback programme to refill depleted...

Crude oil futures eased after the Federal Reserve's announcement of another 25 basis point interest rate hike offset what was seen as supportive...

 A California Senate committee has passed a bill to allow the state to set a maximum gross product...

Asian crude prices were up for a third consecutive session Thursday, in line with this week's broader global...

A fund operated by high-profile commodities trader Pierre Andurand has slumped by around 40% following the oil prices drop...

Crude oil futures Wednesday were climbing higher, with markets returning to oil fundamentals as latest data from the IEA showed a sharp fall in US gasoline...

Goldman Sachs cut its oil price forecast to below $100/barrel this week as a result of the turmoil in the banking sector...

US commercial crude oil stocks bounced to a surprise 22-month high last week as Energy Information...