Americas Crude Oil News

Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while...

Offshore operators in the Gulf of Mexico have restored over 50% of the crude production taken offline as a precaution...

Money managers shifted their stance on Brent crude oil futures last week with speculative positions in a net short for the first time since...

Offshore operators in the Gulf of Mexico have started redeploying staff to rigs following precautionary shutdowns, although the volume...

Crude oil futures Friday were little changed, although production losses in Libya and the Gulf of Mexico...

Asian crude markets nudged higher for a second session Friday but early week losses still cemented another losing week, while gasoil...

US oil refiners on the Gulf of Mexico were beginning cleanup and restart operations at sites in the path of Hurricane Francine, although...

Offshore oil and gas shut-ins peaked on Thursday as Hurricane Francine made landfall in Louisiana, but operations are expected...

Crude oil futures Thursday were pushing higher as Francine slammed into the Louisiana coastline...

Shell started redeploying workers Thursday at some of its offshore platforms

Hurricane Francine was downgraded to a tropical depression Thursday, but thousands of residents and businesses were still without power...

Asian crude markets finally broke the losing streak Thursday, as global prices rebounded on supply disruptions in the US Gulf and...

The International Energy Agency (IEA) has cut its estimates for global oil demand growth in 2024, the agency said in its monthly oil market...

US refiner PBF reported a malfunction at its 160,000 bpd Torrance refinery Thursday, with the California plant flaring since the weekend...

BP will start a major overhaul at its Whiting refinery at the end of September, reducing runs by more than half at the 440,000 bpd Illinois plant...

Operators in the Gulf of Mexico have shut over 40% of oil and gas production, after Hurricane Francine passed over offshore facilities...

Crude oil prices rebounded strongly Wednesday as concerns over the impact of Hurricane Francine offset the build...

US commercial crude oil inventories posted gains for only the second weekly build in 11 weeks...

US inventories of middle distillates climbed to their highest levels in four weeks as robust refinery output was met with underwhelming...

US gasoline inventories climbed for the second straight week as implied demand slumped to its lowest since April...