Americas Crude Oil News

21 Aug 2024
Demand for newbuild tankers has hit its highest level since 2006, with 194 product carriers on order in the first half of the year...
21 Aug 2024
US commercial crude oil returned to the summer trend of lower stockpiles, posting a seventh draw in the last eight weeks...
21 Aug 2024
Australian energy producer Santos said Wednesday that several key projects are close to completion, which will start to lift production...
21 Aug 2024
Middle East crude registered gains for the first time in four sessions Wednesday, while gasoil cracks bounced from 15-month lows....
21 Aug 2024
PBF Energy has begun maintenance at its 160,000 Torrance refinery in California...
21 Aug 2024
US crude oil inventories posted an unexpected build for the week ending 16 August, although stockpiles of refined products...
20 Aug 2024
Crude oil futures under further downwards pressure Tuesday after a choppy that saw benchmarks unable to hold earlier gains....
20 Aug 2024
The planned nationwide rail strike in Canada is expected to have only a minimal impact on crude oil transits, with this year's opening of the...
20 Aug 2024
Middle East crude markets continued to slide Tuesday, while gasoil margins continued to come off amid global weakness as they hit a...
20 Aug 2024
Independent US fracker APA Corp is the latest company considering disposing of resources in the Permian Basin, cashing in on...
19 Aug 2024
Crude oil futures opened the week lower after Hamas officially rejected the latest ceasefire proposal, although talks will continue...
19 Aug 2024
Middle East crude opened the week lower as markets caught up with the Brent retreat after Asia had closed on Friday, while middle...
19 Aug 2024
Speculative positioning in crude and road fuel markets looked slightly bullish last week as concerns over escalated tensions in the...
19 Aug 2024
North American drilling activity edged up last week as producers reduced the number of rigs in Texas...
16 Aug 2024
Crude oil futures Friday were sliding lower, largely wiping out otherwise slim weekly gains after benchmarks had initially recovered from...
16 Aug 2024
Middle East crude markets Friday nudged higher to consolidate the week's gains...
16 Aug 2024
The US Department of Energy has awarded its first tender for the purchase of 2025-delivery crude into the Strategic Petroleum Reserve...
16 Aug 2024
US oil refiner Phillips 66 shut the fluidic catalytic cracking unit at its Borger refinery in northern Texas due to...
15 Aug 2024
Crude oil futures Thursday were climbing higher with Brent nearing the $81/b mark as investors eyed developments...
15 Aug 2024
A trial date has been set for the former Trafigura executive, Mike Wainwright, on charges related to bribery allegations...
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