Americas Crude Oil News

Just as more nations were reopening their borders for international travellers...

Funds turned more bearish WTI crude and US heating oil futures in the week when the White House announced a release of barrels from strategic petroleum stocks...

Asian crude oil markets slumped for the third consecutive day Tuesday as Omicron variant concerns continue to dominate...

The OPEC+ producer group sees global oil inventories increasing at a faster rate compared to its forecast last month, lending...

Crude oil futures Monday clawed back some of Friday's huge losses after prices collapsed more than 10% as a new...

Asian crude oil markets closed lower Monday, catching up with post-Asian global losses on Friday...

Morgan Stanley has slashed its first quarter 2022 price forecast following the emergence of the Omicron covid variant...

Mexican crude oil production rose higher in October to its third highest level since the...

Russia sees no need for the OPEC+ producer group to introduce urgent measures in response to the Omicron covid variant...

OPEC+ is likely take a cautious stance on first quarter 2022 output when it meets later this week, said Vitol's head of Asia...

Crude oil futures crashed 10% on Friday as a new variant of the Covid-19 virus rocked confidence in the global economic...

The steep fall in oil prices Friday in response to the new Covid-19 variant has been overblown and that initial flight restrictions to southern Africa will only remove a relatively small volume...

Asian crude oil prices slumped by 5% Friday as the latest Covid-19 variant accelerated oversupply fears, while refined products...

Global jet fuel refining margins plunged on Friday morning after a new and potentially more virulent Covid-19...

Crude oil futures Thursday were slightly lower, although largely holding on to the gains made since the international coordinated stock release...

East of Suez crude oil prices eased back slightly Thursday from the previous day's steep gains, while diesel...

The active oil and gas rig count in the US rose for a fifth straight week during the week to...

US sees large product draw, while the 1 million barrel build in commercial crude stocks was offset by a rise in crude imports...

Saudi Arabia and Russia, kingpins of the OPEC+ producer alliance, are considering a move to pause recent efforts to provide the world with more crude...

Total US crude oil inventories fell for a fourth straight week despite slowing exports...