Americas Crude Oil News

Crude oil futures remained on solid footing in Asian trading hours Wednesday, as demand growth optimism and tight OPEC discipline continues to underpin prices...

Crude oil futures rallied strongly ahead of the OPEC+ meeting later Tuesday, as demand optimism lifted oil futures to the highest levels since mid-March...

Middle East crude benchmarks at highest levels since January 2021, crack

Oil output from the 13-member OPEC producer group increased in May, but lower volumes from Iran and West Africa limited the overall increase, according to...

Crude oil futures started the week on a positive note as prices moved higher on growing demand-recovery optimism ahead of Tuesday's OPEC+ meeting....

Middle East crude benchmarks post two-week highs

Changes in speculative net-interest diverged in Brent and WTI last week...

The US Oil rig count climbed for the fourth week in a row and the gas rig fell for the third week in row...

Shipyards bulging with new orders as world ears up for trade and oil demand surge...

Asia crude shrugs off further Japan travel restrictions, while jet cracks retreat...

Brent crude oil futures pulled up just short of $70 per barrel ahead of the July-contract expiry Friday, but markets remain positive on US demand-growth optimism which overshadowed...

French oil major Total has rebranded itself to TotalEnergies as it redirects some of its investments...

The keenly watched Brent/WTI spread has narrowed sharply during the second half of May as the benchmark WTI futures outpace North Sea Brent on a combination of optimism over...

July crude buying interest runs out of steam Thursday, while the fall in Singapore inventories only had a positive impact on fuel oil...

Oil futures recovered earlier losses in late trading Thursday, as positive economic indicators from the US underpinned demand-growth optimism, while a timeline on the return of Iranian oil into the market...

A district court in the Netherlands sent shockwaves around the oil industry on Wednesday after it ruled oil major Royal Dutch Shell must cut sharply its emissions of carbon dioxide to help combat global warming...

US crude stocks fell by over 1.5 million barrels in the seven day period to May 21, weekly data from...

July Brent rallies after EIA reveals stock draws in crude, gasoline and distillates, but fails to recover to earlier intraday high...

API sees huge US distillate stock draw, far more than analyst forecast...

Mexican oil product deliveries edged 60,000 barrels per day (bpd) lower month-on-month in April to 1.1 million bpd