Americas Crude Oil News

Crude oil futures Thursday were nudging higher, as benchmarks continued to claw back the initial losses following Donald Trump's election victory...

Oil prices are likely to fall next year and could drop as low as a $60/b average for Brent following Donald Trump's election win Wednesday...

Operators in the Gulf of Mexico have started precautionary evacuations of rigs and production shutdowns as Hurricane Rafael...

Middle East crude prices edged higher Thursday, regaining the previous day's losses, while the products market saw the recent recovery...

Crude oil futures were moving sideways Wednesday as the market digested news of a Donald Trump win in US Presidential...

US crude oil inventories hit a three-month high last week as a build in commercial crude stocks outstripped analyst expectations slightly...

Middle East crude prices retreated Wednesday as benchmarks surrendered early-week gains, while gasoline cash diffs flipped back into a...

Hurricane Rafael is expected to slam into Cuba later Wednesday before re-emerging in the Gulf of Mexico as a powerful storm...

US crude oil inventories posted a larger-than-expected build the week ending 1 November, while stockpiles of refined products...

Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in December, reflecting lower cash cargo premiums...

Crude oil futures Tuesday were higher as benchmarks initially consolidated and then extended the early-week gains...

US refiner Marathon Petroleum expects margins to recover next year and beyond as it reported a slump...

US crude exports fell to their lowest level of the year in September, official data showed Tuesday, as hurricanes across the US Gulf Coast severed...

As the market braces itself ahead of the US Presidential Election outcome, investors are speculating over the likely implications of...

Goldman Sachs is expecting refinery margins to recover before the end of the year after a difficult third quarter...

Global demand for road fuels may have peaked but oil sales will continue to grow over the coming decade due to non-OECD demand…

Middle East crude prices were higher Tuesday as benchmarks strengthened after OPEC+ delayed the planned output hike, while gasoil...

US oil and gas prices increased in the early part of the week after a weather system threatening the Gulf of Mexico was upgraded...

Oil production from the 12 core OPEC members recovered from 2024 lows during October as Libyan output rebounded, while Iraq led the cuts..

Brazilian crude oil output continued to recover through September to touch its highest levels since the turn of the year, although...