Americas Crude Oil News

Goldman Sachs expects Brent crude oil to fall below $60/b by the end of this year if the US economy goes into recession and OPEC+ sticks to its...

The US Energy Information Administration (EIA) has delayed the release of its monthly supply and demand report, citing the need to...

Chinese tariffs on US goods will likely drive crude oil flows between the two countries to zero, as the world's biggest importer has ample...

Crude oil futures opened the week lower as concerns over tariffs and the prospect of a global recession sent benchmarks tumbling to...

Texas' crude oil production in March averaged 5.6 million bpd, a slight dip from the previous month but 200,000 bpd or 4% more than one year ago...

Benchmark crude oil futures extended losses on Monday as markets continued to monitor the implications of escalating trade tensions on...

Crude's three-day selloff is tightening margins across the oil sector, with US shale producers and refiners facing growing pressure as...

Britain is set to amend mandates on zero-emission vehicle (ZEV) sales, industry sources revealed on Monday, as policymakers rush to...

Benchmark Dubai crude slumped by almost $6/b Monday and registered a four-year low, a move that pulled the products market with it as...

Goldman Sachs has trimmed their crude oil price forecast further following heavy market selloffs towards the end of last week as the risk of...

Crude oil investors remained bullish at the turn of the month as traders piled into long positions Brent and WTI futures positions as...

US rotary drilling activity fell for a second week after explorers in the Permian Basin took down more..

US crude flows to China could slip if Beijing proceeds with its planned 34% tariffs on American goods...

The week's sharp crude losses extended into Friday after China retaliated to US tariffs with sweeping levies of its own,...

Diesel margins in the West of Suez market fell to the lowest levels of the year this week as Washington's belligerent protectionist policies...

East of Suez crude oil prices were spiralling lower Friday amid the double hit from tariffs and higher OPEC+ output, with product flat prices...

ExxonMobil expects a sharp boost to first quarter earnings from higher oil and gas prices, as well as firmer refining margins.

Inventories of refinery feedstocks in China's Shandong province have risen to the highest level since early April as local refiners rushed to clear...

Goldman Sachs has lowered its expectation for crude oil prices as the US introduced sweeping tariffs on its global trading partners, while the market is also...

The US Department of Energy (DOE) has awarded a $1.4-billion contract to Strategic Storage Partners...