Americas Crude Oil News

G7 states may consider pre-Covid levels as a basis for the price cap imposed on Russia barrels from December...

Brazilian oil and gas major Petrobras and Indian refiner IOC have struck a deal for the supply of up...

Traders cut net long ICE gasoil positions by 29% last week to their lowest in almost two years as...

Middle East crude prices Monday retreated sharply, following the Brent fall from Friday and further losses Monday...

Brent crude oil futures bounced around in a choppy session on Monday, closing lower again on the day by the European close after having...

Crude futures Friday were in retreat as oil markets headed for a fourth week of losses with stumbling economic growth again...

There are no plans for the US to limit oil product exports at present despite persistently high prices, energy...

Middle East crude prices Friday again came under pressure amid concerns over the global economic slowdown, but...

Crude oil futures Thursday were marginally higher in a largely failed bid to claw back some of the previous session's...

The Wall Street Journal has published a column heavily criticising the US government for overselling...

Middle East crude prices Thursday were lower, reflecting the broader selloff after the US Federal Reserve raised...

Goldman Sachs has again reiterated its bullish outlook for oil prices heading into the fourth quarter...

Crude oil futures Wednesday were in retreat having given up earlier steep gains which came on reports of a potential a major storm heading towards the Gulf of Mexico next week...

US distillate stocks continued to rebuild last week, nearing its target of 118 million barrels set by the EIA...

 Commercial crude stocks in the US climbed 0.3% (+1.4 million barrels) to a six-week high

Dubai cash for November delivery was assessed at $92.70/b for 21 September, $0.15/b higher on the day

A low-pressure weather system currently making its way across the Atlantic has been given a 90% chance of intensifying...

Middle East crude prices Tuesday were higher, largely tracking the rebound in Brent futures, while distillate...

Crude oil futures Tuesday were slightly higher but remain prone to sharp swings amid uncertainty over short-term direction...

The US Department of Energy will extend the timeline for the sale of 180 million barrels of crude oil from the SPR...