Americas Crude Oil News

US crude stocks dropped more than 4 million barrels last week, but there was a build in gasoline...

Louisiana's Port Fourchon energy hub on the Gulf of Mexico coast has suffered damage and extensive flooding from Hurricane Ida...

The OPEC+ producer group goes into its first full meeting on Wednesday since the fraught July gathering. when the plan to increase production by 2 million...

Crude oil futures in European trading hours Tuesday eased after poor Chinese data was compounded by a rise in Eurozone inflation...

Middle East crude edged higher Tuesday to post an eight consecutive daily gain, while refined products....

Mexican state oil firm Petroleos Mexicanos (Pemex) said late Monday that production has been fully restored...

Middle East crude posted slim gains to edge up to the highest level since early August, while refined products/cracks

Crude oil futures in early trade in Europe Monday were sliding lower as the market assessed the impact of Hurricane Ida...

Another five oil rigs were added in the US last week, but the number in Canada dropped by ten...

Funds shed bullish bets in US and European oil futures last week, although the sell-off was likely tempered...

Hurricane Ida was upgraded to an "extremely dangerous" Category 4 storm by the National...

Hurricane Ida is predicted to intensify into a Category 4 hurricane before reaching landfall in Louisiana, potentially wreaking havoc on...

Crude oil futures moved higher Friday as a powerful storm headed towards the Gulf of Mexico, posing a threat to oil and gas facilities...

Oil majors operating in the Gulf of Mexico have idled multiple oil platforms overnight and evacuated...

The European Union is set to revive Covid-19 travel restrictions such as quartering and...

Storm Ida is expected to develop into a powerful hurricane as it heads for the US Gulf this weekend, with landfall predicted for Louisiana early next week...

Middle East crude posted gains for a seventh consecutive session to close at a three-week high, while refined products...

Brazil's crude oil and refined products output made healthy gains in July to reach 10% above pre-pandemic 2019 levels...

A storm currently brewing in the Caribbean has the potential to develop into the first major storm of the season that threatens oil and gas infrastructure in the...

Crude oil futures Thursday eased lower on a combination of profit taking, Mexico stepping up production and ongoing...