Americas Crude Oil News

Asian crude markets were lower for a sixth session as Dubai again played catchup with late Brent in the previous session, a move that...

Oil drillers along the US Gulf Coast placed operations on ice Wednesday, continuing to evacuate employees from drilling rigs and...

Operators in the Gulf of Mexico have shut in around a quarter of oil and gas production as Hurricane Francine makes its way toward...

US crude oil inventories posted a steeper-than-expected draw for the week ending 6 September, while stockpiles of gasoline...

The EIA has slashed its global oil demand forecast for both 2024 and 2025 on weaker-than-expected Chinese and European data but remained...

Crude oil futures in European morning hours Tuesday were slightly lower as benchmarks struggled to build on early week gains...

OPEC made further downward revisions to their forecast for global oil demand growth in 2024 on Tuesday, marking the cartel's second...

Oil markets have become increasingly desensitised to geopolitical events with sluggish demand growth and low refining margins...

US natural gas futures steadied Tuesday after Monday's retreat, as speculators weighed the effects of Storm Francine on LNG demand...

Middle East crude markets were again under pressure Tuesday as Dubai posted fresh 2024 lows, but HSFO backwardation steepened amid...

OPEC and its allies trimmed back production in September as field maintenance in Kazakhstan and political upheaval in Libya...

Mexico's Pemex has been forced to shut at least two secondary units at its Salina Cruz refinery after a fire killed two workers over the weekend...

Iraq's State Oil Marketing Organization (SOMO) has reduced Official Selling Prices (OSP) on its key export grade for Asia in October...

US producers were evacuating employees from drilling rigs in the Gulf of Mexico Monday with Storm Francine threatening up to 2 million...

Crude oil futures Monday were edging higher with benchmarks rebounding from yearly lows as traders eyed the latest storm threatening the US Gulf coast...

North American drilling activity eased for a fourth consecutive week to register the lowest total since late June...

Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed Monday, a move...

The American Petroleum Institute (API) has warned that the decision by a US court to overturn environmental legislation...

A potential hurricane has formed in the Gulf of Mexico and is making its way toward the Texas and Louisiana coasts, with authorities...

Crude oil futures Friday tumbled to fresh yearly lows after investors largely shrugged off the OPEC+ decision to defer...