Americas Crude Oil News

The global oil market will move from a supply deficit into a surplus in December, according to OPEC Secretary-General...

Rising oil supplies is turning the tide in global oil markets and could trigger lower prices...

Middle East crude oil prices strengthened Tuesday leaving light end cracks flat to...

Royal Dutch Shell called Tuesday a deal on carbon trading agreed at the COP26 conference in Glasgow a "good agreement" that will help...

US shale oil production will rise 85,000 bpd month-on-month in December to reach 8.36 million bpd...

Funds were bullish WTI crude futures and bearish US gasoline and heating oil futures last week as US refiners...

Crude oil futures Monday were lower versus the previous close amid concerns of economic growth and inflation, while talk of...

Oil markets remain tight with global demand close to pre-pandemic levels, while even a release from the US Strategic Petroleum Reserve would...

US President Joe Biden was pressured again on Sunday to release barrels from the country's strategic petroleum reserve...

Brent prices above $80/b have been inflated by OPEC+ countries struggling to lift production

Middle East crude oil started the week in retreat mode, while distillate cracks hit multi-week low...

Crude oil futures Friday were lower as the market was initially weighed down by the surging US dollar and uncertainty over a US strategic reserve release, but rebounded...

Brent crude oil futures are forecast to average at $77.5/b in 2022, lender Societe General said in its latest Commodities...

An oil industry body that represents independent US refiners became the latest voice to caution against a release of oil from the Strategic Petroleum Reserve...

Middle East crude oil prices maintained the softer tone from the second half of the week...

Refining margins for European gasoline slipped from year highs last week, but still...

Six countries announced Thursday at the COP26 conference in Glasgow, UK, they will join the Beyond Oil and Gas Alliance...

Crude oil futures were slightly weaker in European trading hours Thursday, extending the steep losses the previous session amid...

OPEC has trimmed its oil demand forecast for the fourth quarter of 2021 along with overall 2021 demand growth, citing higher prices...

Middle East crude oil prices retreated sharply Thursday, largely wiping out the gains from the last two sessions...