Americas Crude Oil News

Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...

US crude oil inventories posted a solid draw in the week ending 13 December, while stockpiles of refined products posted builds...

Crude oil futures Tuesday were drifting lower for a second session, after struggling to gain a foothold amid sluggish...

The Port of Corpus Christi exported more than 2.4 million bpd of crude oil in November...

Middle East crude markets rowed back Tuesday following the broader risk-off trend, while the bearish pressure piled higher in...

Shell is restarting a crude distillation unit (CDU) at its 234,000 bpd Norco refinery after repairing a leak...

US refiner HF Sinclair said it had extinguished a fire at its 125,000 bpd Tulsa plant late Monday...

Canada's Suncor is restarting its 85,000 bpd Sarnia refinery after a unit malfunction last week...

Crude oil futures Monday were slightly lower as sluggish sales data from China derailed the previous week's upward momentum...

UK energy group INEOS has agreed to buy CNOOC's oil and gas assets in the US Gulf of Mexico, the two companies announced over the weekend...

Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...

Union workers at Marathon Petroleum's 140,000 bpd Detroit refinery have voted to ratify a new labour agreement, ending a strike that had...

Global investors last week placed more bets on diesel prices falling as slim arbitrage margins throttled exports from the US and Asia while...

North American drilling activity steadied despite a drop in the number of rigs in the Texas energy hub...

Crude oil futures were climbing higher Friday to consolidate the week's moderate gains, underpinned by hopes of a boost from China...

Trafigura Group posted a significant 62% drop in net profit for its 2024 financial year, recording $2.8 billion, as the company absorbed...

Middle East crude eased slightly on the day but still posted comfortable weekly gains, while gasoline cracks continued to firm to near...

Crude oil futures were steady Thursday, with investors looking for details on Beijing's plans to boost China's stumbling economy via...

OPEC and its allies boosted oil production by 320,000 bpd in November, led by significant increases in Libya and Kazakhstan...

Russia's state-owned Rosneft has signed a 10-year deal to supply India's privately owned Reliance Industries with 500,000 bpd...