Americas Crude Oil News

German utility giant has struck a deal to sell its refinery at Fujairah in the UAE to....

Crude oil futures Wednesday were lower after a sharp build in US inventories, while latest inflation...

NY Harbor ULSD futures – the US benchmark – tumbled 3% on Wednesday as East Coast distillate...

US crude oil stocks rebounded strongly last week, with an unexpected build in commercial stocks taking...

The IEA sees oil demand growth of 2 million bpd this year to a new record 101.9mn bpd fuelled...

Switzerland-based trading house Glencore announced it will payout $7.1 billion to its shareholders after...

Dubai crude oil prices in Asia Wednesday dropped for the first time in more than a week...

Crude oil futures Tuesday eased back on surprise news the US government was planning a further release of crude stocks...

OPEC raised its forecast for oil demand this year by 100,000 bpd from its last estimate on China's...

The US government announced late Monday a further sale from of crude from the Strategic Petroleum Reserve (SPR), with 26 million barrel...

Dubai crude oil prices in Asia Tuesday maintained the firm upwards momentum, posting a sixth...

US shale output pushed to pre-Covid levels during January and is on course to continue to rise through February and...

Crude oil futures Monday were little changed as oil benchmarks consolidated firm gains from the previous week...

An explosion and fire at an oil field in western North Dakota resulted in one person being severely burned...

Portugal's Galp reported a 93% increase in full-year profits Monday as it announced the sale...

Russia plans to sell more than 80% of its oil exports to what it calls "friendly" countries in 2023, Deputy Prime Minister...

Dubai crude oil prices in Asia Monday opened the week higher after Russia's announcement it would...

Energy transition policies and goals have created a dangerous path for global demand, as alternatives are not in position to supply the entire world...

OPEC+ production dropped in January, primarily as a result of lower Mideast Gulf supplies and a slight decline in Russian output...

OPEC expects global oil demand to exceed pre-pandemic levels in 2023, amid an improving economic outlook in top crude importer China...