Americas Crude Oil News

The US Department of Energy (DOE) has awarded tenders for the purchase of 6 million barrels of US-origin sour crude...

Crude oil futures opened the week on a firmer footing following an escalation in Middle East geopolitics...

The US Federal Trade Commission (FTC) has approved Chevron's multi-billion takeover of upstream producer Hess...

Around 45,000 union workers at seaports on the US East and Gulf Coasts are set to down tools having reached an injunction over pay...

US crude output eased in July as Beryl slammed into Texas as the first of three hurricanes to make landfall so far this year...

North American drilling activity eased slightly for a second week with oil leading the losses...

Middle East crude closed out the final trading day of the quarter slightly higher, but still booked monthly losses of over 6%, while the product side saw...

Operators in the Gulf of Mexico have resorted almost all of the oil and gas production that was taken offline as a precaution...

The speculative positioning on US gasoline futures appeared to have tilted more towards the bullish side last week amid a cocktail of supply concerns, including seasonal maintenance...

Mexico's refined oil product demand retreated from July's two-year highs in August, latest monthly figures from Pemex showed this week...

Crude oil futures in Friday were drifting sideways as traders waited on further confirmation that OPEC kingpin Saudi Arabia and its allies...

Asian oil markets edged up Friday after the previous session's slump, with gasoil backwardation firming to levels not seen...

Citgo was restarting its 177,000 bpd Lemont refinery in Illinois on Friday after a power outage...

Operators in the Gulf of Mexico have started to restore some oil production after Hurricane Helene took the more easterly route...

Crude oil futures were sharply lower following a report that Saudi Arabia was set to sideline its alleged $100/b price target...

OPEC+ is likely to go ahead with planned production increases from December, according to a Reuters report...

Operators in the Gulf of Mexico have extended precautionary rig evacuations and production shutdowns as Hurricane Helene intensifies...

Asian oil markets tumbled Thursday following a UK newspaper report that Saudi was set to ramp up crude production for 2025, a move that...

US crude production hit a new record high of 13.325 million bpd last month, according to the latest EIA data...

Saudi Arabia is set to start increasing oil output from December after sidelining its nominal price target, according to a report in...