Americas Crude Oil News

Crude oil futures Tuesday were little changed, with Brent consolidating around $119.50/b as markets focused on tight supplies and dwindling...

A structural supply deficit in the global oil market has not been resolved and will mean crude oil prices rallying further...

Middle East crude prices were little changed Tuesday but largely consolidated post-OPEC+ gains, while distillate...

Crude and natural gas liquid production in Brazil ticked higher by 0.3% in April with continued gains in offshore fields...

Venezuela's oil exports last month dropped to the lowest level since October 2020 as maintenance at the country's main oil port...

Crude oil futures Monday were slightly lower although markets consolidated most of the post-OPEC+ gains as supply-side concerns underpinned...

Citibank has raised its quarterly oil price forecast for 2022 and 2023 as protracted talks between Iran and...

The total number of short positions held by money managers in the WTI and Brent crude oil...

Middle East crude prices started the week on a solid footing after the Saudi OSP release, while deals...

Italian firm Eni SpA and Spain's Repsol SA could start shipping Venezuelan oil to Europe as soon as next month to cover the shortfall...

Saudi Aramco has sharply hiked its Official Selling Prices (OSPs) for July-loading crude oil for Asia, as backwardation in the...

Crude oil futures Friday were surging higher, extending the initial $4/b price rebound after the OPEC+ alliance agreed to...

Middle East crude prices rebounded nearly 3% as the announced OPEC+ output hike was largely dismissed, while...

The additional OPEC+ output will not be sufficient to plug the supply gap in crude markets...

US crude oil stocks fell by over 10 million barrels in the final week of May, while rising...

Crude oil futures rebounded from earlier lows Thursday on reports that the enhanced OPEC+ increase for July may not be as significant....

The OPEC+ producer group said Thursday it will increase output quotas by 648,000 bpd in July, compared to...

Middle East crude prices dropped more than 3% Thursday on reports ahead of the OPEC+ meeting that the...

US crude oil and gasoline stocks fell in the final week of May, while distillate stocks rose...

Saudi Arabia has indicated to western allies that it is prepared to raise oil production should Russia's output fall substantially under the weight of sanctions...