Americas Crude Oil News

The OPEC+ producer group is likely to continue with planned production increases until at least the end of the year...

An expected surge in the electrification of road transport will lead to a 50% cut in global refining capacity by 2050, causing a shortage of jet fuel, fuel oil and petrochemicals...

US offshore production in the Gulf of Mexico increased over the weekend with over 80% of oil production now restored...

Shell will sell its oil and gas portfolio in the US' Permian Basin to CononcoPhillips for $9.5 billion, marking the end of the Anglo...

Canadian crude oil exports via pipeline rose nearly 2% in July to the highest level since January...

Asia fuel oil prices and cracks have further to rally, says Goldman Sachs as it sees Brent averaging $85/b in the fourth quarter...

Crude oil futures eased on Monday on a day that was characterised as "risk-off"...

Oil production from Shell's Mars and Ursa oil platforms located in the Gulf of Mexico will...

Middle East crude retreated by more than 1% Monday but premiums for physical cargoes remain firm, while refined...

Funds added bullish bets in WTI and Brent last week...

The US active oil rig count gained 10 this week to 411 and was now higher than the end of August figure...

Crude oil futures dropped sharply in early US trading hours Friday, but markets were on course for sharp gains of nearly 3% on the week...

Shell has successfully restarted its Perdido platform in the southwestern Gulf of Mexico after being closed ahead of Storm...

Middle East crude oil were little changed Friday consolidating the healthy gains over the week, while diesel cracks surged...

Crude oil futures were steady in late European trading hours Thursday, largely maintaining the week's gains amid...

Soaring natural gas prices could boost global oil demand 450,000 bpd over the winter as the market looks to switch

The global oil market will remain tight until the end of 2021 as the planned increases by...

Middle East crude oil markets rallied sharply Thursday playing catch-up with Brent...

US crude oil production in the Gulf of Mexico continues to recover as a number of platform and support facilities were restarted this week

The Colonial Pipeline resumed gasoline and distillate transport by Wednesday morning local time...