Americas Crude Oil News

Crude futures in European hours Friday were marginally lower although oil benchmarks were heading for a second week of solid gains...

Benchmark Dubai posted fresh seven-week highs Friday, following the broader oil momentum, while repeated strikes on Russia refining...

Crude oil futures were higher Thursday as benchmarks extended the sharp rally that has lifted prices by around 11%...

US commercial crude oil inventories dropped last week amid stable output while imports scaled back from the multi-year highs...

Growing energy demand in non-OECD countries meant global fossil fuel usage hit a record high in 2023 despite decarbonisation efforts that...

Benchmark Dubai posted fresh seven-week highs on Thursday following the broader oil momentum, with gasoil margins firming to a fresh...

Citgo has reported flaring and emissions above reportable levels at its 175,500 bpd Corpus Christi refinery...

Crude oil futures Wednesday were consolidating at multi-week highs on hopes of a demand-led recovery, while geopolitical tensions...

The Trans Mountain Expansion (TMX) pipeline will tighten specifications on the quality of crude allowed through the pipeline to make...

The US National Hurricane Center has declared the first named storm of the 2024 season, with Alberto upgraded...

East of Suez crude prices maintained the solid upward trend Wednesday but benchmark Dubai continued to struggle in relation to Brent...

US refinery capacity increased by 2% or 324,000 bpd in 2023, the EIA said Wednesday

ExxonMobil has been forced to shut different units at its Baytown and Beaumont refineries in Texas amid reports of flaring and related...

US crude oil inventories posted an unexpected build for the week ending 14 June, while gasoline stocks were lower...

Crude oil futures were climbing higher Tuesday, as benchmarks extended the two-week rally to post June highs on renewed demand...

Brazil's state-run Petrobras has settled a long-running dispute with national tax authorities at an estimated cost of BRL 19.8 billion...

East of Suez crude markets opened the shortened trading week higher, while jet fuel east-west price arb reached the widest...

The US unit of trading giant Trafigura has agreed to pay $55 million to settle a case with regulator the CFTC...

Crude oil futures in Monday were climbing higher with benchmarks extending the previous week's solid gains...

Asia commentary and pricing are suspended Monday due to the Singapore holiday...