Americas Crude Oil News

Asia crude started the new month on a firmer footing Wednesday, as markets improved in terms of both...

The Biden administration has hit out at ExxonMobil's record profits, describing the energy giant's windfall as 'outrageous' after...

OPEC oil output dropped during January, as Iraqi exports declined and Nigerian output failed to build on previous-month's gains...

Crude oil futures Tuesday edging higher having reversed earlier losses, as focus switched to macroeconomics and the likely direction of...

Brazil's crude oil exports in December continued to push on to hit a record high after November's figures were revised...

US refiners Phillips66 and Marathon both reported a sharp surge in quarterly profits Tuesday...

Benchmark Dubai crude continued to give up recent gains as demand optimism from China gave way to broader...

The IMF increased its global economic growth forecast for the first time in a year, citing the boost in US spending power, China's reopening and...

More than 40 million people from Texas to West Virginia are under winter weather alerts Monday as a system threatens...

Crude oil futures Monday were drifting lower as ongoing recessionary fears extended Friday's losses, despite rising geopolitical tensions and...

BP lowered its forecast for oil demand and global economic growth as a consequence...

Benchmark Dubai crude started the week on a softer note after Friday's late Brent selloff, but...

North American oil drilling activity dropped again in the week ending 27 January, extending the previous week's decline...

Crude oil futures Friday were trading lower after a late selloff pushed prices into negative territory for both the day and the week...

US major Chevron reported record annual profits of $35.5bn Friday, more than double 2021...

Benchmark Dubai crude ended the week on a firm note with prices hitting two-month highs, while distillate cracks...

Refiner Valero expects firm refining margins to continue for 2023, as the US refining sector is likely to enjoy further advantages over its European counterparts...

Crude oil futures Thursday were higher following the latest EIA data revealing a smaller-than-expected rise in crude stocks, while increased rhetoric from Russia...

Months after the White House vowed to punish Saudi Arabia for cutting oil output in defiance of American wishes, the Biden administration has ended its talk of retaliation...

US refiner Valero reported a ten-fold increase in full-year profit to $11.5 billion Thursday...