Americas Crude Oil News

Brent futures Wednesday rowed back from highs of around the $75/b mark, after the initial boost from China's stimulus package ran its course...

US commercial crude oil inventories posted a 11th draw in the past 13 weeks as stockpiles sunk to a fresh lows...

US gasoline stocks fell last week as demand rebounded after Hurricane Francine, while supply was still impacted by the category 2 storm...

Brazil's Ministry of Mines and Energy has called for more investment in both its upstream and downstream oil sectors...

Middle East crude markets edged up Wednesday as geopolitical tensions and China's stimulus package helped to consolidate gains...

Talks between Marathon Petroleum and the Teamsters union have reached a deadlock as the strike at the 140,000 bpd Detroit refinery...

US crude oil inventories posted a steeper-than-expected draw for the week ending 20 September, while product stockpiles...

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

Crude oil futures Tuesday were climbing higher, underpinned by the escalation in Middle East hostilities and the latest stimulus package...

The US Federal Trade Commission (FTC) is expected to approve Chevron's multi-billion takeover of Hess this week

Middle East crude markets moved higher Tuesday on geopolitical tensions and China's stimulus package, while naphtha timespread pointed to a...

Bank of America (BAML) delivered a fresh warning to oil traders, citing the risk of overexposure to short Brent positioning amid an impending...

Crude oil futures Monday were little changed after consolidating the previous-week's solid gains of 4-5%...

US natural gas prices surged to three-month highs as a second storm of the month was expected to move into the Gulf of Mexico this week...

This year's weak US natural gas prices have dented the profitability and cash flows of major drillers...

Middle East crude opened the week steady as global oil markets largely consolidated gains after last week's Fed rate cut, while weakness...

Oil and gas operators in the north-eastern Gulf of Mexico were bracing for a second major storm of the month...

North American drilling activity eased slightly following the previous week's steepest gain in a year...

The speculative selling pressure on diesel futures continued to pile higher last week as investors were still worried about weak demand for...

Crude oil futures Friday were little changed, heading for a rare consecutive weekly gain as markets looked to have finally halted...