Americas Crude Oil News

Many traditional national oil companies could tolerate extremely high carbon taxes due to high cash flow...

Crude oil futures slightly higher as OPEC+ is set to go ahead with gradual production increases from next month

US crude stocks built 4.3 million barrels last week although there were draws in gasoline and distillates...

Norwegian energy major Equinor has completed the sale of its onshore US assets in the Bakken field to exploration and ...

All eyes on OPEC+ JMCC technical committee, as producers look to tackle falling Indian demand....

Building a hydrogen-based economy to account for up to 20% of global energy demand will cost $15 trillion over the next...

Oil major BP said Tuesday global stocks are expected to decline and reach historical levels in....

Crude oil production in the US was 10.967 million barrels per day in March, leaving total output for the first quarter down ...

Cash Brent/Dubai spread surges above $3/b, as fears over demand destruction in India has pushed refining margins down...

Crude oil futures continued their weaker trend Monday on fears that the surge in COVID-19 cases across India will dampen demand ...

India is to trial Guyana's crude oil with a view to signing a long-term view to buy the South...

Middle East crude oil prices retreated for the third successive day Thursday, as rising coronavirus

Japanese vehicle producer Honda announced Friday that it plans for 100% of its new vehicle sales to be powered by battery ...

Middle East crude rebounds from weekly lows

Crude oil futures soften as demand growth fears return. Brent fares better after Libya declares force majeure

US refining major and biofuel producer Valero's Q1 refining throughput was down 15% on the year at 2,410 barrels per ...

US President Joe Biden pledged to cut US emissions by 50% under 2005 levels by 2030 on Thursday, a more ambitious cut made by President Barack Obama,....

Dubai loses further ground against Brent as EFS soars above $3.50/b.

Worldwide energy use will surpass pre-Covid-19 crisis levels in 2021, but oil demand will trail behind the recovery...

U.S. commercial crude stocks climbed last week, contrary to forecasts of a draw down, but the bearish data was countered by a smaller than expected build in gasoline stocks