Americas Crude Oil News

US oil major Chevron has set out 2050 emission reduction targets for the first time in a move bringing it into line with...

Funds diverged over their view of oil futures last week, boosting bullish bets in US oil futures while selling long lots in Brent...

The US oil rig count gained 5 last week to 433, although the count remained far below levels seen when crude prices...

Crude futures climbed Friday following the release of a disappointing US jobs report which caused the dollar index to tumble...

An influential research outfit has called on the International Energy Agency to open up its data stores for free in a bid to...

Middle East crude prices surged near 5% Friday, more than erasing the previous day's losses, while...

Brent crude futures were recovering in early afternoon in Europe Thursday after filings for jobless benefits in the US fell for the first time in four weeks...

Energy major Shell estimated the impact of Hurrican Ida on its Q3 upstream output at 90,000 barrels of oil equivalent per day...

Canadian Alberta in-situ bitumen production was stable in August at 1.65 million bpd, data from the Alberta Energy Regulator showed

Middle East crude oil tumbled by around 4% Thursday as Asia played catch-up with 24hrs of...

Goldman says any release of SPR crude would only have a modest impact on oil prices, while an outright ban on US oil exports would significantly...

US energy secretary Jennifer Granholm has raised the prospect of a release of crude oil from the government's SPR, declaring that "all tools are on the table"...

Although crude and gasoline stocks built for the second and third weeks in a row, and distillate stocks slid only marginally, the impact was muted...

Crude oil futures in European trading hours Wednesday reversed earlier gains on a broader market sell-off that included equities, although oil prices remain closes...

World energy demand will rise by almost 50% between 2020 and 2050 and emissions will increase from current levels...

US commercial crude stocks gained 2.35 million barrels last week to 420.89 million barrels, while gasoline inventories grew...

Energy major Shell's LNG portfolio will be active well into the second half of the century, said CEO Ben van Beurden...

OPEC secretary general Mohammad Barkindo said Wednesday that the energy transition is undermining investments in new supply in the oil and gas sector, and helped explain high prices

Worthy of note is that the regrade has widened, indicating it is European demand for diesel that remains the driver behind the Asian jet complex amid eye-wateringly high gas prices...

International environmental group Greenpeace on Wednesday labelled the practice of carbon...