Americas Crude Oil News

Benchmark Dubai crude registered gains for a fourth consecutive session Friday as the ripple effect from...

Operations have been disrupted following a  fire at Marathon Petroleum Corp's refinery in Garyville...

The decision by OPEC and its allies to slash oil production has been viewed as a major snub by the US and Washington set to hit back...

Crude oil futures Thursday were higher after consolidating the week's firm gains, bolstered by the OPEC+ decision...

The OPEC+ group's decision to reduce output from next month will see daily production fall as much as 1.4...

Asian crude oil markets continued the week's firmer tone Thursday in a positive reaction to the headline cut in...

Crude oil futures Wednesday were climbing higher after consolidating the steep two-day gains this week, as OPEC announced...

OPEC+ announced Wednesday a production cut of 2 million bpd barrels per day from November, which was at the higher end of...

US commercial crude stocks fell to a one-month low at the end of September...

Asian crude oil markets continued the week's firmer tone Wednesday ahead of the anticipated steep cut in...

US oil industry groups have warned the Biden administration a ban on refined product exports...

Crude oil futures Monday were building on the sharp gains from the previous session, amid growing expectations that OPEC+ is planning...

A mid-ranking US Democrat politician has slammed reports that the OPEC+ producer group is set to slash output next month and  called on the White House to retaliate against...

Asian crude oil markets closed higher Tuesday, following the global trend ahead of the keenly-anticipated...

Crude oil futures Monday were higher after various briefings over the weekend from OPEC+ delegates indicated a significant output reduction...

The latest round of pre-OPEC+ media briefings, where authorised delegates give off-the-record comments to reporters...

Brazil's net imports of refined products hit a three-month high in August amid a surge in inflows of road fuels and falling sales...

Reports indicating that OPEC+ is considering a production cut potentially larger than 1 million has reinforced Goldman Sach's firm outlook for crude oil...

Traders cut bullish positions on crude and diesel last week, while reducing overall exposure in the days leading up to a slump in prices...

North American drilling activity was marginally higher in...