Americas Crude Oil News
15 Oct 2024
Middle East crude extended the early week losses Tuesday amid an eroding geopolitical risk premium while winter demand for kerosene...
15 Oct 2024
California Governor Gavin Newsom singed legislation Monday that could force the state's dwindling number of refiners to hold...
14 Oct 2024
Speculators continued to buy back long positions in the crude futures market last week as attention increasingly fixated on unfolding political...
14 Oct 2024
Crude oil futures Monday were in retreat as Israel continued to defer its planned attack on Iran, while concerns over demand from China...
14 Oct 2024
OPEC has once again cut its forecast for global oil demand Monday, marking the group's third consecutive downward revision to their outlook...
14 Oct 2024
Middle East crude opened the week lower as Israel continued to hold off on an expected strike against Iran, while demand in the gasoline...
14 Oct 2024
North American drilling activity was marginally higher to halt a three-week run of declines, according to the latest report from oilfield...
14 Oct 2024
Pemex's Deer Park refinery in Texas was running at reduced runs over the weekend as US officials launched an investigation...
11 Oct 2024
Crude oil futures Friday were slightly lower, but heading for a second week of gains as geopolitical tensions...
11 Oct 2024
OPEC and its allies cut oil production by 500,000 bpd in September, but largely as a result of the temporary shutdowns in Libya...
11 Oct 2024
Crude oil prices in Asia were higher as concerns over potential supply disruptions underpinned the broader oil recovery, while the inverted...
11 Oct 2024
BP has added its name to the list of refiners telling investors to expect lower-than-expected returns this quarter, pointing to a weaker...
10 Oct 2024
Crude oil futures on Thursday were sharply higher, as markets remained on edge over Israel's anticipated military strike against Iran...
10 Oct 2024
ExxonMobil is looking to produce an extra 18,000 bpd of crude oil at its Stabroek block in Guyana pending approval from authorities as...
10 Oct 2024
Crude oil prices in Asia were marginally lower Thursday as markets steadied at lower levels, while the gasoline physical market continued...
10 Oct 2024
Hurricane Milton has swept across Florida's Gulf Coast to make landfall in the early hours of Thursday morning, dealing yet another...
9 Oct 2024
Crude oil futures Wednesday were sliding lower, but were again subject to significant swings amid headline-driven trading...
9 Oct 2024
US oil production growth is set to moderate in 2025 amid slower growth from the giant Permian Basin although it will still post a record...
9 Oct 2024
US commercial crude oil inventories posted an unexpectedly large increase for a second consecutive week amid higher production and...
9 Oct 2024
S gasoline stocks recorded its largest drawdown of 2024 last week as demand surged past 9.6 million bpd in between...