Americas Crude Oil News

The White House has urged caution after a US Senate committee passed a bill that could leave the Organization...

Global oil demand is likely to have taken a 1 million bpd hit in the face of cargo rerouting from Russia...

Russian output losses for crude oil and petroleum products could amount to as much as 3 million bpd and will put...

Crude oil futures Thursday reversed earlier gains amid jittery trade, initially extending the previous session's 5% gains...

The Biden administration plans to purchase 60 million barrels of crude oil as the first step in a years-long process aimed at replenishing...

The OPEC+ producer group stuck to its planned crude oil output increase during its meeting on Thursday, announcing a widely expected 432,000 bpd increase...

Dubai crude oil prices rallied 2% Thursday, catching up with gains in Brent, while diesel cracks continued...

Crude oil futures Wednesday rallied sharply after European Commission President Ursula von der Leyen proposed new sanctions against Russia...

US product oil product stocks rebounded to a one-month high by the end of April despite a slowdown...

OPEC+ sees a surplus of 1.9 million bpd in 2022, 600,000 bpd higher from its last forecast, amid expectations of slower demand growth...

Dubai crude oil prices edged higher Wednesday following the four-day extended Singapore weekend...

Refiner margins are expected to remain strong for at least several quarters as some...

Petrobras started producing oil and natural gas through the FPSO Guanabara on April 30, the first

The increase in OPEC's oil output in April undershot the rise planned under a deal with allies...

Crude oil futures Tuesday were trading lower as China's ongoing Covid outbreak and broader economic concerns...

Mexico's national oil corporation Pemex reported a MXN122 billion ($5.98bn) profit during Q1...

Mexico's gasoline and diesel output and delivery continued to race higher in March, with recovery...

Refining and trading margins at London-listed energy major BP have surged from to $1.65 billion...

Iran's oil minister has paid an official visit to ally Venezuela to meet President Nicolas Maduro and discuss ways...

Negotiations to restore the Iran nuclear deal have ground to a complete standstill with the US and Iran unable to resolve the row of the status of...