Americas Crude Oil News

A G7-led plan aimed at limiting Russia's oil revenues via a price cap is unworkable and should be abandoned...

Next month's paper cut in oil production by OPEC+ member states, a strengthening dollar...

Investors trimmed bullish crude positions last week on a strong dollar and the possibility...

North American drilling activity ticked for the fifth time in six weeks during the week ending October 21, oilfield services firm Baker Hughes...

Russia will have access to enough tankers to ship most of its oil beyond the reach of a new G7 price cap, according to a Reuters report...

Crude oil futures Friday were slightly higher, again facing mixed signals as further hints from US officials that more interest rate hikes...

ExxonMobil has agreed to sell its 63,000 bpd Billings refinery in Montana to Par Pacific in a $310 million deal..

An export ban on US oil products would propel gasoline cracks elsewhere in the world by $50/bbl and diesel...

Dubai crude oil posted gains Friday, clawing back further ground against Brent, while a bullish day in the gasoline market saw 95 RON...

Crude oil futures Thursday were little changed after initially consolidating and then building on previous-session gains, as conflicting price signals...

Platts announced it will include six more locations as a loading terminals for WTI Midland crude oil in its Dated Brent and Cash BFOE benchmarks...

A fire at the world's third-largest refinery in Venezuela has triggered a blackout that knocked out power across...

Dubai crude oil prices Thursday were sharply higher as the market followed the global trend in rebounding...

High oil prices have failed to bring about a significant increase in oil and gas investment, raising the risk of a hugely undersupplied oil market this decade...

Crude oil futures Wednesday were pushing higher, clawing back some of the previous-session's losses, as an unexpected drop in US crude inventories underpinned prices, although...

US President Biden confirmed the sale of 15 million barrels of crude oil from strategic reserves...

US gasoline inventories were steady last week, as demand recovered and imports...

US commercial crude oil stocks fell in the third week of October as crude exports picked up and...

Global CO2 emissions are set to rise by just 1% this year, a much smaller pace than last year despite Russia's...

Dubai crude oil prices Wednesday eased back amid sluggish buying interest for Middle East...