Americas Crude Oil News

Global energy consumption fell 4.5% in 2020, the largest decline since 1945, according to...

The real cost of global carbon emissions falling 6.3% last year , the level needed to meet the Paris Climate Agreement, was an eye-watering $1400 mt....

Commercial crude stocks in the US dropped 6.9 million barrels in the week ending July 2, hitting a 17-month low of 445.476 ...

OPil and gas stocks have retreated from 52 week highs as crude prices tumbled this week, but investors have more faith in independent shale players....

Middle East crude prices tumbled sharply for the second successive day, while refined products...

The API saw another big draw in US crude stocks, but gasoline and diesel stocks built...

Crude oil futures continue to fall following a WSJ report that the UAE is keen to increase its oil production...

Crude prices slump 3.5% as refined products were mixed amid the prospect of tighter restrictions...

US administration officials are "encouraged" by ongoing OPEC talks and have spoken with officials in Saudi Arabia and the United Arab Emirates in hopes of reachin...

Prices slumped Tuesday after earlier surging to fresh highs, as technical sell-off and OPEC price war fears hit market...

Going green globally has left scores of oil and gas assets up for sale...

Middle East crude prices surged higher Tuesday, while refined products generally lagged the crude rally

Saudi Arabia sharply increased OSPs for Asian customers on August barrels, reflecting tight supply/demand fundamentals...

US investment bank Goldman Sachs has reiterated its $80/barrel price forecast for this summer following the breakup of OPEC+ talks...

The Biden administration is urging OPEC and its allies to find a compromise solution to increase production...

Crude oil futures soared in late Monday afternoon London trading soared as July OPEC+ meeting was dramatically called off...

The July OPEC+ meeting was dramatically called off Monday as talks to pave the way for a resolution on production increases...

US oil and frac spread count inches higher depsite the rise in crude prices...

Crude nudges higher ahead of OPEC + talks, gasoline surges to fresh highs..

Bullish forecasts and rallies in Brent and WTI have failed to spark interest from funds...