Americas Crude Oil News

Crude oil futures Friday extended the previous session's late gains as the market continued to digest OPEC's decision to increase output...

Distillate cracks rallied on Friday, climbing to three-week highs in both Asia and Europe...

Asia crude oil markets rebounded Friday from the three-month lows as prices rallied following the OPEC+ meeting, while...

Analysts at Goldman Sachs and Morgan Stanley have maintained their bullish view on oil prices, despite a $15/b fall over the...

Japan's is set to continue with plans to release oil from strategic reserves as part of the US-led initiative, despite the fall in oil prices...

Brent quickly recovered Thursday afternoon in Europe after the decision by OPEC+ decision to lift output...

The OPEC+ producer group agreed Thursday to continue with the current policy of increasing output by 400,000 barrels per day, sending oil prices...

Fresh lockdowns to combat a fast-spreading omicron variant of Covid would cause an immediate hit of 1.3 million bpd to global oil demand in December...

Intercontinental Exchange has announced further details of its revamped US WTI crude export contract, which is set to...

Benchmark Dubai crude oil markets tumbled to a three-month low ahead of Thursday's OPEC+ meeting, while refined...

A sizeable 4-million-barrel build in US gasoline stocks, the first in seven weeks, coupled with a reasonable build in distillate stock...

Crude oil futures Wednesday rallied strongly, halting the steep downwards trend of the previous three sessions...

Preliminary meetings and opening statements at the start of the two-day OPEC+ summit gave few clues as to which way the...

ExxonMobil has told investors it will cap spending at $20-25 billion per year out to the end of 2027 and has committed to...

Commercial crude stocks fell 900,000 bpd in the US last week, broadly in line with market expectations...

Brazil's refined product output and imports hit multi-year highs in October, even as demand slipped to a four-month low...

Asian crude oil markets edged higher Wednesday as the February cycle moved to the forefront...

The "mammoth" collapse in oil prices is extremely excessive and would need to see global oil demand slump 7 million bpd...

US gasoline and diesel stocks increased while there was a small draw in crude stocks...

Crude oil futures Tuesday resumed the sharp downwards trend, giving up earlier gains as concerns over the Omicron variant continued to dominate sentiment...