Americas Crude Oil News

Fears that the current wave of Covid-19 infections could trigger demand destruction for oil is compounding changes to the structure of the market...

Crude oil futures fell again as US markets opened following the surge in Covid infection rates in south-east Asia...

Funds were bullish Brent and WTI before Wednesday's slump in oil prices, the Commitment of Traders Report shows..

Middle East crude softened Monday following the weekend OPEC+ deal that adds 2 million barrels of crude by the end of the year...

The OPEC+ deal that sees the producer group pump an additional 2 million bpd by year-end is 'supportive' for oil markets, said Goldman Sachs....

The US oil and gas rig count continued to climb last week, but there was a bigger rise in Canada...

The OPEC+ producer group Sunday has agreed to add 2 million barrels of crude oil to the markets by year end, after resolving the row over baseline production levels...

Crude oil poised to close down on the week after bouncing off multi-day lows

Middle East crude prices were little changed on the day Friday, while refined products….

The prospect of the speedy return of additional Iranian barrels in the market has largely been removed this week, but with talks set to resume...

Crude oil futures in European trading hours Thursday extended the previous day's losses in another day of choppy trade, as the sell-off continued over fears...

OPEC maintained its firm demand outlook Thursday, putting world oil demand growth for this year unchanged at 6 million barrels per day...

Middle East crude prices tumbled over 3% Thursday, while refined products….

While US crude stocks whittled away again last week, oil products jumped higher to leave bulls waiting a little longer for the supply crunch...

Crude oil futures swung violently on news that the row between Saudi Arabia and UAE over production levels was dramatically resolved...

US crude stocks fell for the eighth successive week last week, taking total inventories to the...

Crude oil futures faced further volatility following news that a widely-reported Saudi/UAE agreement on production levels is still under discussion....

Middle East crude prices strengthened for the fourth consecutive day Wednesday as Asian markets settled before the breaking news that...

Germany's Commerzbank is expecting Brent crude oil to close the year at $75/barrel in its most likely scenario ...

API reports another crude draw last week, but half the amount of the previous week..