Americas Crude Oil News

Crude oil futures Thursday were climbing higher with Brent nearing the $81/b mark as investors eyed developments...

A trial date has been set for the former Trafigura executive, Mike Wainwright, on charges related to bribery allegations...

California's Richmond City Council has voted unanimously to approve a $550 million settlement from Chevron...

Middle East crude markets Thursday extended the week's decline, while regional tightness in Asia pushed the jet fuel east-west to a fresh...

The US unit of commodities trader Vitol has been hit with a $500,000 fine by the Commodity Futures Trading Commission (CFTC) for...

Crude oil futures Wednesday were drifting lower as an unexpected build in US crude stocks cancelled out earlier gains...

US commercial crude oil inventories posted an unexpected build to snap a run of six consecutive draws...

US gasoline stocks fell nearly 3 million barrels last week to a fresh low for the year, as net exports jumped and demand inched back above the 9 million bpd mark...

East of Suez crude prices eased back Wednesday to snap a six-session winning streak, although that was not enough to stop margins...

The International Energy Agency (IEA) no longer expects global gasoline demand to peak this year...

Crude oil futures Tuesday were drifting lower, but benchmarks were still trading at close to the monthly highs registered...

Asian crude markets were higher for a sixth session as Dubai again played catchup with Brent, while jet fuel east-west arb trade window...

The global oil market flipped into a deficit this June as the busiest US driving season since Covid more than offset demand...

OPEC and its allies increased output during July as the producer group remained well above its collective target, according to a survey...

The US Department of Energy has tendered to buy another 6 million barrels to top up its depleted Strategic Petroleum Reserve...

 North American drilling activity edged up last week as producers added to the oil count...

Distillate cracks continued to struggle as they slipped to a fresh two-month low...

rude oil continued to rally into a fifth session at the start of the week as US recession fears waned and focus shifted back to Middle East...

OPEC has trimmed its forecast for 2024 oil demand on the back of weaker...

Rising concerns of a global recession last week prompted investors to raise their bets on weaker oil prices, with the speculative net length...