Americas Crude Oil News

Funds dumped bullish bets in Brent and Low Sulfur Gasoil futures last week...

Crude oil futures in late afternoon European trading hours Friday were marginally lower as the market continued to absorb the downbeat demand outlook from the IEA...

Middle East crude eased slightly Friday as demand concerns flagged by the IEA report dampened sentiment, while refined products/cracks

Crude oil futures in late afternoon London trading hours Thursday were little changed on the day, largely consolidating the previous session's strong rebound...

The plea from the White House for the OPEC+ producer group to step up production has not been discussed among group members...

US oil majors Exxon Mobil and Chevron want to increase renewable fuel production by utilising existing refining facilities ...

OPEC maintained its firm demand outlook Thursday, shrugging off concerns over the Delta-variant hitting demand and putting it at odds ...

Middle East crude maintained the upwards trend Thursday, while refined products/cracks

The International Energy Agency (IEA) has revised downwards oil demand growth for the balance of the year, primarily on the slump in Chinese demand as a result of...

Brent bounced back after the US EIA report, shrugging off earlier bearish news of the White House lobbying OPEC+ to open the taps...

Refinery utilization rates increased 0.5 percentage points over the week to August 6, but implied demand, including gasoline, slipped back...

Total oil and products stocks fell 136,000 barrels, or just 0.01%, in the week to August 6, to 1.889 billion barrels, as commercial crude stocks drew ...

Middle East crude prices pushed higher Wednesday following the rise in western benchmarks...

The US will call on the OPEC+ group to add more barrels to its planned 400,000 barrel per day monthly increase, after talks with ...

Goldman Sachs said Chinese oil demand will slump by around 1 million bpd for the next two months as a result of the zero Covid policy...

US crude and gasoline stocks fell, while distillate stocks built last week...

The forecast for global oil demand growth in 2021 and 2022 was kept unchanged in the latest...

Crude oil futures in London trading hours Tuesday rallied, rebounding from three-week lows, although Covid restrictions remain an ongoing concern.

Middle East resumed the weaker price trend Tuesday following the Singapore holiday Monday, while refined products...

A low-pressure weather system heading towards the Caribbean is likely to be upgraded to tropical storm Fred by the US National Hurricane Centre later...