Americas Crude Oil News

Fitch Ratings said it expects the US economy to move into recession in the second quarter of 2023...

Crude oil futures Tuesday were in retreat amid reports the US would authorize a further release from its SPR, while growing concerns over demand...

US energy giant ExxonMobil has fully exited Russia nearly eight months after the outbreak of the...

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

Crude oil futures Monday were cautiously higher as markets found some support on expectations that China would take measures to boost economic growth...

Goldman Sachs is set to undergo a major reorganization as US bank shrinks from four to three divisions, including a merger of its trading and investment banking business...

Continental Resources said Monday it had agreed to the sale of shares to the fracking firm's founder Harold Hamm in a deal that would value...

Asian crude oil prices opened he week lower, playing catch up with the steep post-Asian close losses on Friday for international benchmarks...

nvestors added to bullish positions on crude and diesel futures last week...

Crude oil futures Friday resumed the week's downwards trend as negative indicators, including demand downgrades and high US inflation...

North American drilling activity increased for the fourth time in five weeks in the week ending October 14...

Asian crude oil prices rebounded Friday in line with the Brent recovery and this month's improved...

Western governments have made a global oil and gas crunch worse by "doubling down" on climate policies that will make energy markets "more volatile, more...

Crude oil futures Thursday were climbing higher having earlier tested fresh weekly lows which came following a rash of downgrades to the global demand outlook, as focus also...

US commercial crude stocks jumped 9.9 million barrels to 439.1 million barrels in the week to 8 October...

OPEC+ decision to cut its crude oil production by 2 million bpd will likely boost crude oil prices...

Asian crude oil prices retreated for a third session Thursday, taking losses since Monday to around...

The price ceiling for Russian oil should be in the region of $60/barrel, which will reduce Russia's income from its exports without curtailing production...

The growing rift between the United States and Saudi Arabia took another twist Thursday after Saudi said comments criticising the kingdom...

The US EIA has reduced both its forecasts for global petroleum liquids production and global demand, as the weak economic outlook impacts...