Americas Crude Oil News

Energy major Shell will have produced 75% of its known oil and gas reserves by 2030 and 97% by 2040, the company said ...

Oil futures have rallied after the US government reported a 5.9 million-barrel draw in commercial crude stocks and a 1.1 million barrel draw...

Canadian crude oil imports dropped 20% in 2020 as COVID-19 hit overall demand for refined products, while Newfoundland ...

Middle East crude oil prices maintained the upwards momentum Wednesday, gaining around $1/b on...

The recovery in global oil demand is accelerating and should rebound 5.7 million b/d in 2021 after...

Crude oil futures continued the positive sentiment in Asian trading hours Wednesday, underpinned

US gasoline stocks grew 5.56 million barrels, but crude stocks drew 3.6 million barrels and distillate, according to API...

Middle East crude oil prices moved higher Tuesday as favorable trade data from China bolstered...

Oil futures moved higher Tuesday on favorable crude export data from China, rising geopolitical...

OPEC increases demand growth outlook for first time this year

Two new gas rigs were drilled in the U.S. last week, but the oil rig count stayed the same for the second week running, according to data from Baker and Hughes...

Oil futures were little changed on pre-weekend levels in late afternoon Asian trading Monday...

Middle East crude oil prices edged cautiously higher Monday, but Dubai and Oman continued to bounce...

Benchmark Middle East crude oil prices softened Friday, with Dubai and Oman hovering around six-week lows...

Benchmark crude oil futures dropped around 3% in the week ending April 9, as the market continued to trend lower ...

Oil futures eased lower late afternoon Asian trading Friday, as the stuttering demand recovery and OPEC+...

Benchmark Middle East crude oil edged higher Thursday, having hit six-week lows in the previous session, although...

Energy major Valero is expecting negative profits for the first quarter of the year after a winter storm in February, the ...

Russia is forecasting depressed demand for oil and refined products due to the impact of Covid-19 to last until 2023- ...