Americas Crude Oil News

Medium sour crude seen in demand, ESPO premiums at new highs

US gasoline and diesel stocks fell, but there was a small rise in crude stocks last week...

Having finally breached $70/b on the third attempt this month, prices quickly retreated as a key US economic indicator dampened sentiment…

Russia's oil export duty is set to rise to $58.80 mt from June 1, from $54.90 mt in May

Middle East benchmarks Dubai and Oman hit post-pandemic highs...

Shale production will continue to recover in the Permian basin in June for the fourth month in a row...

New investments in oil, gas and coal must stop this year if the world is to become net-zero carbon by 2050...

Oil rises as US and European demand outweighs sluggish crude demand and the Indian pandemic...

Another eight oil rigs were added in the US last week to bring the total to a 12-month high, but the number of gas rigs ...

Crude oil in Asia rebounded strongly Monday, catching up with western benchmarks after Friday's Brent rally ...

Having tumbled more than 3% on Thursday, oil futures bounced back more than 2% Friday…

Dubai market structure holds firm as focus switches to weaker refining margins, with refineries set to return from maintenance.

Oil prices tumbled more than 3% Thursday, as east coast pipelines resumes operations to alleviate fuel shortages.

Energy major ExxonMobil is planning to add 250,000 barrels/day of crude oil production by 2025 to the Starbroek deepwater ...

US refiner Phillips 66's shareholders voted in favour of the company setting and reporting on greenhouse gas emissions ...

A rally in oil futures was barely interrupted by a seemingly bearish US weekly oil report Wednesday...

Dubai shrugs off negative data from India to claw back previous-day's losses.

he resurgence of Covid-19 has delayed the recovery in worldwide oil demand, but a second half year surge will leave supplies tight...

IEA says oil demand already outstripping supply, Brent races above $69/b...

Demolition of oil product tankers is on course to reach an 11-year high...