Americas Crude Oil News

Brazil's refined oil products output dropped to its lowest levels in eight months in January as a big drop off in diesel output was seen amid...

Middle East crude rebounded after the US announced a new round of sanctions aimed at Iran, while the diesel EFS widened further...

Middle East crude opened the week lower as prices caught up with the pre-weekend Brent selloff after Asia had closed, with the move help...

Energy consultancy Wood Mackenzie expects Brent prices to average at just below current levels this year, as new production...

Energy midstream company ONEOK expects throughput and profits to grow through next year as...

Kosmos Energy sees less output from its E&P operations in the Gulf of Mexico (GOM) in 1Q compared...

Shell shut early Monday its Zydeco pipeline system's tank farm in Houma, Louisiana to investigate...

Crude oil futures opened the week little changed as markets steadied following Friday's selloff that wiped out the week's gains...

Platts has no plans to make further changes to its Dated Brent methodology, with the industry satisfied that the major upgrades...

Weekly US drilling activity increased for a fourth consecutive week lifting the count to an eight-month high...

Goldman Sachs expects US crude output to rise only slightly despite Donald Trump's threat of import tariffs as domestic refiners will...

Optimism around peace talks ending Russia's war in Ukraine triggered an exodus of bullish speculators in the crude oil futures market...

Oil majors Shell and ConocoPhillips have agreed to a $735 million deal in which the former will assume 8,000 bpd of offshore US...

Crude oil futures Friday were sharply lower as a pre-weekend selloff largely eroded the gains from four consecutive increases...

Middle East crude markets were little changed heading into the weekend as they consolidated moderate weekly gains, while HSFO...

A Court of Appeals in Michigan has found no reason to revoke a permit issued to Enbridge by the ...

The Port of Corpus Christi in Texas exported 2.41 million bpd of crude in January, an increase over the month prior...

President Donald Trump's plans to cut taxes for oil and gas companies could spur more production, but...

Crude oil futures Thursday were firmer, as markets extended the week's solid upwards trend...

A fourth weekly gain pushed US commercial crude oil inventories last week to the highest since July 2024...