Americas Crude Oil News

Crude oil futures Wednesday were drifting lower after OPEC slashed is 2022 demand forecast, although pricing signals remain mixed amid another choppy trading session...

OPEC has made a sharp downwards adjustment its global oil demand growth forecast for both this year and 2023...

Asian crude oil prices continued to slide Wednesday as benchmark Dubai lost further...

Intensive lobbing by US officials for Saudi Arabia and other major Gulf producers to delay any OPEC+ production cut for another month was brushed aside...

Mexico has stared its huge annual oil-hedging program, where the government will use complex derivative instruments to lock in a price floor and...

Crude oil futures Tuesday were again lower after the previous-session's late selloff, as markets gave up some of last week's strong gains...

he International Monetary Fund (IMF) issued its starkest warning for years on the state of the global economy...

President Joe Biden feels that the US' relationship with Saudi Arabia needs to be re-evaluated in the wake of the OPEC+ decision last week to decrease oil production...

Asian crude prices dropped for the first time in more than a week as the OPEC-led rally final running out of steam, while...

The OPEC+ alliance lifted total crude oil output by 170,000 bpd in September, the group's highest since April 2020...

Physical premiums for prompt oil in northwest Europe are heading back towards record highs...

Crude oil futures retreated Monday from the five-week highs posted in the previous session in a late selloff, having spent most of the session...

Haitham Al Ghais, the new Secretary-General of OPEC, has defended the decision to cut headline output by 2 million bpd...

A cargo of Colombian heavy crude oil headed to US Gulf coast refiners has become the latest tanker shipment...

Iraq's State Oil Marketing Organization has raised Official Selling Prices for Asia in November while trimming Dated Brent-related premiums to Europe...

Benchmark Dubai crude increased for a fifth consecutive session Monday, catching up with Friday's...

Investors rebuilt bullish positions on crude and oil product futures last week...

Eight energy companies have bought 10.15 million barrels in the latest crude oil sale from the US Strategic Petroleum reserve...

Crude oil futures Friday were again racing higher as benchmarks saw another surge heading into the weekend...

The Biden administration is preparing to scale down sanctions against Venezuela, allowing US oil major Chevron to resume pumping oil...