Americas Crude Oil News

Crude oil futures Wednesday were around 2% higher, as the latest inventory data from the US acted as a counter to the...

Total US petroleum stocks sank by nearly 9 million barrels in the week to July 22 despite weaker....

ExxonMobil has made two new discoveries offshore Guyana to the southeast of the Liza and Payara developments in the Stabroek block...

Asian crude tumbled sharply Wednesday with benchmark Dubai crude seen heading for a soft expiry, while middle...

A Crude oil spillage from one of state-run PDVSA's joint ventures has hit an environmentally sensitive area in Venezuela's eastern region...

Crude oil futures Tuesday were little changed ahead of Wednesday's US Federal Reserve interest rate decision, having given up earlier gains on reports...

The US will sell a further 20 million barrels of crude oil from its Strategic Petroleum Release as...

Asian crude markets rallied strongly Tuesday as attention once again switched to the potential crunch on...

Crude oil futures Monday were trading higher, as tight supplies outweighed ongoing concerns over slowing demand growth...

Compliance levels among members of the OPEC+ producer alliance soared to a record 320% in June, up from...

Middle East crude prices opened the week lower as demand concerns continued to weigh on sentiment, while...

Output of refined products in Brazil in June rebounded from May's three-month lows led by gains in diesel, which...

Crude oil futures Friday were slightly higher, as markets as switching back to the supply side and potential shortages...

Seven associations representing much of the country's oil and gas industry have written to...

Top oil hedge-fund manager Pierre Andurand said Friday that oil demand growth is running below the long-term trend...

Middle East crude prices were slightly higher Friday to end the week on a positive note and ate further into...

Crude oil futures Thursday were lower on the day with the restart of the Nord Stream 1 pipeline, although there was no change in broader oil fundamentals...

The OPEC producer group has approximately 3 million barrels per day of spare capacity, while Saudi Arabia is unlikely to change...

Middle East crude prices were in retreat Thursday as global prices took a knock, while gasoline cracks fell to a one...

Profits at oil trader Gunvor soared in the first half of the year as the company took advantage of energy market...