Americas Crude Oil News

Oil companies should prioritise investments in short-cycle oil, such as shale from the US Permian Basin, to avoid stranded assets in the 2030s...

Fourth-quarter earnings at the US refiner Valero flipped to a profit in 2021 on a surge...

Asian crude oil prices raced to new seven-year highs Thursday, with those moves helping lift product naphtha...

Recovering gasoline demand and lower refinery rates trumped the impact of a rise in crude stocks in the US last week...

Crude tanker earnings are unlikely to return to pre-pandemic levels in 2022 with the market set to remain oversupplied.

Crude oil futures Wednesday surged to fresh seven-year highs as concerns over a potential disruption to Russian supplies...

US crude oil and gasoline stocks rose in the week to January 21, while distillate inventories fell...

European gas prices will rally, and there will be an uptick in oil prices, but the EU wont impose gas foccused sanctions...

Asian crude oil prices Wednesday resumed the upwards trend as firm sentiment returned, while gasoline cracks continued...

The US Department of Energy (DOE) has awarded an additional 13.4 million barrels of crude...

Quantum Commodity Intelligence – Crude stocks in the US are expected to have fallen last week...

North American crude exports to Asia have undergone a "paradigm shift" in recent years as Indian buyers ramp up purchases...

Chevron said Wednesday that drilling has made a comeback in the Permian basin, the top US shale producing region, but in a...

The Biden administration is looking at ways to secure energy for European allies in the event that Moscow drastically cuts oil and gas exports...

Crude futures Tuesday were firmer following the previous session's risk-off day across financial markets, but the energy sector remains torn...

The International Monetary Fund cut its forecast for this year's global economic growth on...

Total spending by governments, companies and consumers should reach $9.2 trillion per year in order to...

Asian crude oil prices Tuesday slumped back, playing catchup with global crude benchmarks, while...

ConocoPhillips said that the recent surge in oil prices to multi-year highs will persist, although the company sees...

The revamped Midland WTI American Gulf Coast (Midland WTI AGC) futures contract, which was launched Monday, was off to a slow start with just...