Americas Crude Oil News

xx...Middle East crude prices posted fresh six-month highs Friday amid the scramble for replacement barrels, while gasoil...

Crude oil futures were drifting lower, although benchmarks have mostly consolidating recent steep gains as supply concerns underpinned...

OPEC and its allies trimmed production by a modest 60,000 bpd in December, with small reductions recorded by several producers...

Middle East crude prices surged to fresh six-month highs Thursday as disruption caused by Russian sanctions lifted markets again, but gasoil...

Crude oil futures were climbing higher as the upheaval to the supply side caused by fresh sanctions on Russia oil offset broader...

OPEC has maintained its outlook for global oil demand growth in 2025 at just above 1.4 million bpd, while in a first look at 2026...

Colonial Pipeline was been forced to shut its main gasoline pipeline, the country's largest, until at least Friday as it looks into a leak...

US commercial crude oil inventories registered a further weekly drop in a sequence going back to November, data published by the EIA...

The International Energy Agency (IEA) has warned that global supply chains may face severe disruption this year amid intensifying trade...

US crude oil inventories posted another draw in the week ending 10 January but refined products registered a further round of steep gains...

Middle East crude were steady for a second session, holding close to six-month highs, while the product side is still pricing in fresh sanctions...

Naphtha has struggled to keep up with crude's stellar start to 2025, as higher flatprices push feedstock margins deeper into negative territory...

US operator Colonial has shut its largest refined products pipeline to investigate a potential leak in Georgia...

Crude oil futures were drifting lower as markets took stock after the steep rally since the US and its allies announced tighter sanctions...

The US Energy Information Administration (EIA) expects downward pressure on global oil prices this year and into 2026...

Premiums for flagship crude grades surged to the highest levels in over two years, as the latest round of sanctions sent refiners scrambling...

Crude production from OPEC+ was little changed in December with a reduction from the UAE offset by more modest increases elsewhere...

Outright Middle East crude steadied after consolidating early week-gains Tuesday, which helped put a brake on the recent retreat in...

Bullish bets on WTI crude futures last week hit their highest level since October 2023, delayed commitment of traders' data showed Monday...

Preliminary Texas crude oil production figures from the US state's oil and gas regulator suggest October output could rank in the top five...