Americas Crude Oil News

Middle East crude markets Friday were sharply higher after the strong gains in Brent, while...

The International Energy Agency proposed to cut oil demand in the transport sector...

Swiss Re is to drop cover for the world's most polluting oil and gas firms, including dropping...

Crude oil futures Thursday rebounded strongly, as Wednesday's warning from the International Energy Agency (IEA) that up to 3 million bpd...

Goldman Sachs said Thursday that the recent "sentiment and liquidity driven" sell-off in oil and commodities markets offers a...

Morgan Stanley upped its Q3 forecast for Brent crude oil futures to $120/b from $100/b before...

Middle East crude markets Thursday were lower on the day, playing catch-up with losses...

Europe's largest energy traders have called on governments and central banks to provide "emergency" assistance to avert a cash crunch as sharp price moves triggered by...

Crude oil futures Wednesday were off from the highs as markets gave up earlier gains on China's rising Covid cases and progress on the Iranian nuclear talks...

US commercial crude stocks rose 4.3 million barrels last week, leaving inventories in the world's...

Russian oil production shut-in is set to reach 3 million barrels per day (bpd) by April as...

Middle East crude markets Wednesday closed higher for the first time in a week, while refined...

The board of directors at energy major Shell are being sued for a failure to properly prepare for the net-zero transition by...

Crude oil futures Tuesday continued the sharp downwards trend on hopes of a ceasefire in Ukraine, while focus also switched to...

US oil production will increase 117,000 bpd to 8.708 million bpd in April, led by record output in the...

Oil producing group OPEC said Tuesday that it still expected oil demand to rise by 4.2 million bpd...

Benchmark Dubai crude Tuesday tumbled by more than $10/b as the sharp downturn continued...

There are no active discussions ongoing between the Biden administration and...

Crude oil futures continued their spectacular decline on Monday, falling $6/b from Friday's close...

Global airline capacity was static for a third straight week driven by western sanctions on...