Americas Crude Oil News

Asia crude oil prices continued the upwards trend Wednesday, gaining nearly 3%, while refined products...

US crude stocks fell 3.67 million barrels last week, according to sources...

A US bankruptcy court has approved the $62 million sale of the Limetree Bay refinery in the US Virgin Islands to a...

Crude oil futures Tuesday were sharply higher in a continued technical correction from the previous session's lows, soaring natural gas and a Libyan supply outage...

Asia crude oil edged higher Tuesday, although demand concerns capped further gains, while refined products saw...

Global oil and gas discoveries are on track to hit their lowest full-year level in 75 years if the final weeks of 2021...

Crude oil futures Monday were 5% lower as concerns over the rapid spread of the Omicron variant dominated sentiment...

Asia crude oil were sharply lower Monday, tumbling by more than 4%, while refined product cracks...

Swiss bank UBS Asset Management (UBS AM) has excluded five "unresponsive" energy...

Funds cut far more net-length in WTI than Brent last week and also added some bullish bets in the European crude

The active oil rig count in the US gained 4 this week to 475, a fresh post-pandemic high but still a long way short...

Crude oil futures were in retreat Friday, as the rapid spread of the Omicron variant prompted fears of a downturn in demand as further...

Asia crude oil prices were little changed on the day Friday, while distillate cracks moved sideways in a low-key...

US investment bank Goldman Sachs has maintained its bullish outlook for oil demand and prices, saying...

Crude oil futures Thursday were higher as the market took solace from the latest EIA figures, which revealed a sharp drop in US inventories, although prices were volatile...

Asia crude oil prices were higher in outright terms Thursday, although spot premiums..

US product stocks dropped a hefty 11.2 million barrels last week after US refineries continued to jog along at the same pace..

Oil prices in 2022 are likely to average towards the higher end of the 2021 trading range due to the demand recovery and OPEC's management of supply/demand balances...

Crude oil futures Wednesday maintained the week's softer tone over concerns that the Omicron variant could stall the demand recovery, while this week's soaring...

US crude oil stocks fell during the week to December 10 on higher exports and static...