Americas Crude Oil News

Oil output in the Canadian province of Alberta rebounded near all-time highs in July as seasonal maintenance...

Crude oil futures Monday were consolidating at lower levels after reports indicating OPEC+ would increase output in October...

North American drilling activity eased for the third consecutive week to register the lowest total since June, according to the latest report from...

Nigeria's state-owned oil firm NNPC has confirmed debts to fuel suppliers was threatening its ability...

Middle East crude markets opened the new month lower with traders pricing in a likely October hike in OPEC+ output, while in the products...

Brazil's domestic demand for refined oil products continued to rise through the month, gaining 4% from June to touch 2.4 million bpd as...

Money managers temporarily shrugged off global demand growth concerns and shifted focus to supply risks in the Middle East and the...

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

Crude oil futures Friday came under heavy selling pressure following reports that OPEC+ was set to go ahead with planned...

The average price for Middle East Dubai retreated sharply in August versus the previous month, as concerns over...

Brazil's crude output fell 5% on the month in July to touch its lowest levels since April as production continued to struggle to push back to...

Middle East crude prices rebounded Friday as Dubai closed out the month on a firmer footing, while the selloff in gasoline and middle...

Crude oil futures were climbing higher on renewed supply concerns Thursday as benchmarks recovered following two days of losses...

A salvage operation is expected to get underway in a bid to avert a major environmental disaster in the Red Sea...

Middle East crude prices were in retreat again Thursday while Dubai also lost ground against Brent heading into the expiry, while gasoline...

Crude oil futures Wednesday were in retreat, with markets so far this week torn between conflicting pricing signals....

US commercial crude oil stocks extended the summer trend of lower stockpiles, posting an eighth draw in the last nine weeks...

Profits at oil trader Gunvor slipped 48% in the first half of the year as oil market volatility waned, with trade adapting to geopolitical...

ExxonMobil is looking to divest some of its conventional oil and gas fields in the Permian Basin, with the sales potentially raising...

Middle East crude prices rowed back Wednesday as markets struggled to hold early-week gains, and gasoline margins dived to an 11-month...