Americas Crude Oil News

Saudi Arabia and Iraqi have reiterated the importance of adhering to OPEC+ output cuts that last until the end of 2023...

Asian crude prices staged a strong rebound Friday as leading OPEC officials reaffirmed commitments...

Crude oil futures Thursday were little changed after EU members failed to agree on a level for the Russian price cap...

Asian crude prices were sharply lower Thursday as Dubai tumbled below $80/b...

The US is poised to grant a license to Chevron to resume oil production oil in Venezuela, in a policy shift that...

North American drilling activity was marginally higher in the shortened week ending 23 November, oilfield services firm Baker Hughes...

Crude oil Wednesday were in sharp retreat amid reports that the price ceiling imposed on Russian crude could be significantly higher...

US commercial crude inventories fell 3.7 million barrels last week on a swift recovery...

Oil from Russia's Sakhalin 2 energy project heading for Japan will be excluded from the price cap...

Middle East sour crude prices retreated Wednesday, conceding further ground to Brent, while LSFO cracks neared...

The European Commission has proposed a cap of €275/MWh ($283) on gas prices in a bid to shield consumers...

Crude oil futures Tuesday were slightly higher as markets stabilized following the previous-session's huge price swings...

The US will start buying back oil to refill depleted Strategic Petroleum Reserve tanks when spot oil prices are in the low $70 per barrel...

Middle East crude prices rebounded Tuesday as markets remained in a state of flux after Saudi dismissed...

Saudi Energy Minister, Prince Abdulaziz bin Salman, has denied media reports that the world's biggest...

Crude oil futures rebounded Monday after testing 10-month lows after Saudi Arabia denied a report...

North American drilling activity was marginally higher in the week ending 18 November, oilfield services firm...

Middle East crude prices were in sharp retreat Monday, slumping to the lowest level since the start of the...

Investors cut bullish positions on crude and product futures last week as attention shifted...

Crude oil futures Friday were sharply lower, tumbling to fresh two-month lows as demand concerns and...