Americas Crude Oil News

Brent crude oil futures will ease into Q1 and will then rise again as global demand...

Maintenance work will take out 1.1 million bpd of US crude refining capacity between January and April, but could rise...

Asian crude oil markets retreated for the third consecutive day Wednesday, while distillate cracks crept higher, with jet just $0.40/b shy of the post-pandemic high.

US Energy Secretary Jennifer Granholm urged US energy companies to increase their...

Crude oil futures came under heavy selling pressure Tuesday as the International Energy Agency revised down its oil demand forecast due to..

Iran's stance in talks over its nuclear development programme is "inconsistent" within the terms of the deal, diplomats...

An upswing in production pushes global oil supplies above demand in December at a time when a surge in Covid cases slows...

Asia crude oil markets retreated Tuesday as both outright prices and structure softened, while...

Petroecuador halted all crude exports and imports after the country's two main oil pipelines were closed last week due to flooding and poor maintenance...

Crude oil futures Monday were trading slightly lower as the market waited for clarity over the impact of the Omicron variant of Covid, shrugging off the upbeat demand outlook from OPEC...

OPEC has kept its forecast for oil demand for next year at an increase of 4.2 million barrels per day over 2021 levels at...

Asia crude oil markets started the week on a firm footing Monday, while refined products saw light...

Weekly rig count data from oilfield services firm Baker Hughes showed six onshore rigs added in the US...

Shareholders of Royal Dutch Shell voted overwhelmingly in favour on Friday to move...

Crude oil futures Friday were steady as the market waited for fresh direction and more clairity on the impact of the Omicron variant of Covid.

Asia crude oil retreated Friday for the first time this week, while distillates continued to post firming...

The US Biden administration is not considering a ban on US oil exports in a bid to try and lower gasoline prices...

Canada's oil output will continue to grow over the next decade, reaching a peak of 5.8 million bpd in...

French bank Societe Generale has maintained its price forecasts for Brent crude oil at $80/b...

The Biden administration is drafting options for multiple rounds of sanctions on Russia if it moves to invade Ukraine, but energy sanctions