Americas Crude Oil News

API sees another huge draw in crude stocks in the US, far more than analysts expected....

Brent prices have bounced back in London afternoon trading Tuesday after a bullish survey of....

The NHC has maintained its forecast for the low-pressure weather system currently making its way across the Atlantic

US invest bank Goldman Sachs has reiterated its bullish outlook on oil prices in its latest report Tuesday, despite expectations...

US shale companies primed for the fourth quarter to capitalise on high oil prices, but need old low floor hedges for this year to expire....

Middle East crude pulled back Tuesday on growing concerns over the delta covid variant, while refined products...

US personal mobility rose in the first three weeks of June in relation to May, but remains below pre-pandemic levels, data from the Department for Transport showed Tuesday ...

The UK's competition watchdog is set to open the case into the potential acquisition of IHS Markit...

Brent prices have fallen along with the dollar as the market reacts nervously to the prospect of the Delta variant of Covid, already prevalent in Southeast Asia and Australia

A low-pressure weather system currently making its way across the Atlantic has been given a 40% chance of intensifying into a storm within the next five days...

Mexico's crude oil exports gained 11.7% on the month to 1.031 million barrels per day (bpd) in May, driven largely by a rise in exports to Asia ...

Funds cut speculative net-lenght in Low Sulfur Gasoil futures, Brent and WTI, despite rally in futures...

Middle East crude tracked higher Friday hitting a fresh 26-month highs, while refined products…

A low-pressure weather system currently making its way across the Atlantic has been given a 30% chance of intensifying into a storm within the next five days...

The Intercontinental Exchange is to launch a new physical-delivery futures contract based on US Gulf export crude, teaming up with terminal operators Magellan and Enterprise...

Crude oil futures were poised to finish at their highest level since October 2018 on Friday, as follow through buying, lower global stocks and an uncertain outcome from OPEC+ underpinned the sentiment...

Middle East crude moved up Friday eased slightly but held close to 26-month highs, while gasoline cracks firmed for a seventh session but distillates continue to struggle...

While the OPEC+ producer group will congratulate itself on a job well done at its latest virtual gathering on July 1 with global crude prices comfortable in the $70s per barrel territory, spare a thought for tanker owners as VLCC freight rates languish...

Crude oil futures rebounded strongly in late-afternoon London trading Thursday after after the US released strong jobs data, which countered the earlier bearish sentiment over potential production increases from the OPEC+ group.

A tropical wave to the east of the Caribbean Sea has been given just a 10% chance of developing into a tropical storm in the next 48 hours or...