Americas Crude Oil News

Crude oil futures Monday rebounded strongly in late-afternoon trading, retracing the earlier $3/barrel losses to move into positive territory...

Crude oil production from OPEC and its allies rebounded modestly in May following a steep drop in April but the group remains...

Energy major BP has walked away from its oil sands investments in Canada as part of a realignment of its...

Dubai crude retreated sharply Monday as Covid fears and the Asian equities sell-off dragged oil lower, while...

Speculative net length in crude oil futures hit the highest level since the last seven days of...

Crude oil futures Friday tumbled during early US trading hours after latest data showed US consumer price growth resumed its rapid rise in May...

Trader Trafigura posted a record-breaking set of half year results, with profits at the staff-owned firm hitting...

Middle East crude ticked higher Friday as markets largely shrugged off demand slowdown fears as China...

A senior White House official has strongly criticized 'Big Oil' for raking in huge profits in the wake of Russia's invasion of Ukraine...

Crude oil futures Thursday were little changed, largely maintaining the post-OPEC+ gains as the demand recovery and tightening supplies...

Middle East crude resumed the upwards trend Thursday, registering fresh three-month highs...

The IAEA's board of governors has officially rebuked Tehran for undeclared materials at its controversial sites and removing

Canadian authorities have introduced fresh restrictive measures against Russian oil, gas and chemical industries...

Crude oil futures Wednesday were trading nearly 3% higher as Brent consolidated well past $120/b, with analysts and trading firms increasingly...

US SPR crude oil stocks fell by a record 7.2 million barrels in the first week of June to levels...

US WTI Midland crude oil will be reflected in the North Sea Dated Brent benchmark assessment from June 2023...

Middle East crude resumed the upwards trend Wednesday, while distillates cracks started to show weakness for...

Oil prices are "nowhere near" their peak as an impending rebound in Chinese demand is likely to further tighten the global supply/demand balance...

Global energy prices are expected to remain high through 2023 as a result of economic recovery and Russia's invasion of Ukraine...

Global oil markets are facing a "parabolic" rise during the second half of the year which will...