Americas Crude Oil News

The US state of Maine has filed a lawsuit against major oil companies, joining a wave of legal challenges seeking to hold the fossil fuel...

Middle East crude prices eased slightly Wednesday after the Israel-Hezbollah ceasefire deal, while gasoline margins continued to firm to hit...

US crude oil inventories posted a larger-than-expected draw the week ending 22 November, while stockpiles of refined products were higher...

Brazil's diesel production reached 912,167 bpd in October, the highest level since 2015, even as crude processing slipped to 1.994 million...

Citi has reaffirmed its bearish $60/b Brent forecast for 2025, citing a looming supply surplus and weak demand as persistent challenges...

Mexico's Pemex extinguished a fire at Pemex's Salina Cruz refinery Tuesday, with authorities reporting no damage or injuries...

Crude oil futures steadied at the week's lower levels, after the proposed ceasefire between Israel and Hezbollah...

Mexico's state-owned Pemex saw crude oil production fall to its lowest level in over five years, with refinery output slumping to new...

Alaska North Slope crude oil production in October hit a six-month high and rose above the year-to-date average...

Middle East crude prices retreated Tuesday on hopes that the expected Israel-Hezbollah treaty would lead to a broader settlement, ***...

Goldman Sachs has flagged a turbulent year ahead for the oil market in 2025, with downside risks outweighing short-term upside potential...

US President-elect Donald Trump has vowed to impose 25% tariffs on all imports from Canada and Mexico, escalating tensions in North...

Crude oil futures Monday were in retreat amid reports that a ceasefire deal between Israel and Hezbollah was gaining traction...

OPEC+ will hold its early December ministerial meeting online rather than in person, according to newswire reports citing OPEC sources...

Middle East crude opened the week slightly lower although premiums nudged up, while marine fuel structure has weakened notably as...

The US Treasury Department is scrutinising the relationship between JPMorgan and a hedge fund reportedly part of a network operated...

North American drilling activity registered a modest decrease for a second consecutive week but the overall count continues to flatline...

Money managers made a U-turn in their speculative positions on European diesel futures last week amid a looming supply tightness as cold...

Crude oil prices were higher Friday, solidifying gains after a bumpy week that saw geopolitical tensions in the Russia-Ukraine war...

East of Suez crude markets were higher Friday's as geopolitical tensions boosted prices, while gasoil cracks continued to firm...