Americas Crude Oil News

Iraq's State Oil Marketing Organization has sharply increased Official Selling Prices for Asia and Europe in December while trimming...

Crude oil futures Wednesday were trading weaker on the day and down from earlier peaks as European gas prices continued to retreat, while WTI tumbled...

Stocks of the main refined product groups in the US were drawn down across the board in the last week, while a build in commercial...

Swiss-based trading house Gunvor is expecting "huge volatility" as part of the longer-term...

Middle East crude oil prices rallied for the third consecutive day, while diesel cracks hit a three-week...

US crude stocks fell 2.5 million barrels last week, sources said, citing data from the American Petroleum Industry...

Crude oil prices will likely stay flat through to the end of the year, said the Energy Information Administration Tuesday in a move that could trigger a release...

Crude oil futures in European trading hours Tuesday were higher, building on gains from the previous two sessions...

Middle East crude oil prices edged higher Tuesday, holding on to the previous-day's steep gains...

US energy major Phillips 66 plans to convert its Alliance Refinery to an oil terminal next year after...

Crude oil futures in European trading hours Monday were higher following the steep hike in Saudi OSPs for December and a cold front moving into China, but prices eased from...

Middle East crude oil prices rebounded by around 3% Monday, while gasoline cracks fell for sixth day...

The US Biden administration could take action on addressing the rising oil prices, such as...

Funds booked profits in both WTI and Brent last week with prices north of $80/b...

Insufficient investments in the oil and natural gas industry could lead to further hikes in energy market...

Saudi Aramco has sharply increased Official Selling Prices (OSPs) for December-loading crude oil for all regions...

The number of active oil rigs in the US gained 6 over the last week to 550, while the number of gas rigs...

Crude oil futures rebounded strongly in late European trading hours Friday as the US stopped short of announcing a release of strategic oil reserves to counter...

Energy major Shell has restarted oil production at its Mars and Ursa platforms in the US...

Middle East crude oil prices were sharply lower Friday, catching up with international markets...