Americas Crude Oil News

The OPEC+ producer alliance is likely to face increased calls to accelerate production hikes ahead of its latest virtual meeting on October 4 as benchmark Brent prices...

Builds in US crude and oil product stocks would usually be bearish, but this week's oil statistics from the EIA were released amid the middle of a natural gas induced global energy crunch...

Crude oil futures were trading marginally lower in late-afternoon London hours, having rebounded firmly from the earlier lows...

US crude oil stocks grew for the first time in 10-weeks last week, with commercial inventories up 4.6 million barrels to 419 million...

The US has approached China via diplomatic channels in an attempt to persuade the world's largest oil importer to reduce its purchases of Iranian

Middle East crude retreated by over 2% Wednesday, registering the first price drop of the week, while refined product cracks in...

Gunvor's profits during the first half of 2021 fell 28% from last year's record high as the crude oi...

The Biden Administration has again engaged with OPEC ahead of next week's OPEC+ meeting, as international oil prices reached three-year highs...

US crude, gasoline and distillate inventories rose last week, according to sources, citing data from the American Petroleum Institute (API) Tuesday.

Canada's second-largest pension fund will sell all its investments in oil production by the end of 2022 while boosting its...

Brent crude oil futures eased back from the three-year high of $80.75/b as natural gas prices also pulled back from the day's peaks,...

Using carbon offsets to mitigate the climate impact of producing and selling fossil fuels is not enough and the industry must...

Middle East crude oil registered gains for the sixth consecutive day to hit fresh three-year highs...

OPEC does not expect oil demand to plateau until the mid-2030s, while oil will remain the largest component of the international energy mix until at least...

Mexican crude oil production and exports fell in August from multi-month highs in July, but by less than expected following a fire at an offshore platform...

French energy major TotalEnergies predicted peak oil before the year 2030 in its latest demand forecasts, with consumption dropping...

The world's largest independent oil trading house has called on S&P Global Platts to resolve future...

Crude oil futures in European trading hours Monday gained more than 1% as Brent rallied to fresh three-year highs, while WTI registered its highest level...

An increase in the cost of carbon to $100/mt could add $12-$15/b to the cost of oil production with investment in fossil fuels...

Middle East crude oil prices followed the Brent complex in surging to three-year highs, while light...