Americas Crude Oil News

US oil producer Hess said Tuesday it was facing three lawsuits over its proposed tie-up with Chevron, alleging insufficient disclosures...

Crude oil futures in Tuesday were lower for a second session, as focus remained on macroeconomics and the US rate-cutting cycle...

East of Suez crude prices retreated Tuesday although Dubai again fared better than Brent, while regional HSFO bullishness continues...

Crude oil futures Monday were slightly down, as confirmation from Iranian state media that President Ebrahim Raisi...

North American drilling activity was little changed over the week although the Permian Basin lost another two rigs...

Middle East oil crude markets opened the week slightly higher, with markets catching up with the Brent gains after Asia had closed on Friday...

The US Department of Energy (DOE) has bought another 3.3 million barrels of US crude oil as part of its Strategic Petroleum Reserve (SPR)...

The latest attack on an oil tanker off the coast of Yemen sparked renewed shipping tensions in the region after what has been a relatively quiet...

Speculative net long positions for the US crude benchmark contract rebounded for the first time in five weeks as commercial stocks in the...

Crude oil futures Friday were little changed as benchmarks held onto modest weekly gains after facing mixed signals over the past...

East of Suez crude closed little changed for a second consecutive week, although the global crunch on sour crude...

Quantum Commodity Intelligence – Asian crude oil prices rebounded strongly Friday as benchmark Dubai hit a six-month high versus Brent, while gasoil cracks...

At least one Texas refinery was impacted by severe weather overnight, with Valero's McKee plant reporting an upset...

Crude oil futures in Thursday were edging up after consolidating the previous-session's gains, as the latest US inflation report boosted sentiment...

East of Suez crude prices Thursday were marginally higher but soft refining margins this month have started to feed through into the...

Environmental authorities in Mexico have ordered the state oil company Pemex to limit runs at its 315,000 bpd Tula refinery...

The immediate threat from out-of-control wildfires against Canada's Fort McMurray oil hub have eased slightly with favorable winds and light rains...

Crude oil futures Wednesday were slightly higher after sharp intraday swings, as US inflation figures and oil inventory draws offset the IEA's...

US commercial crude stocks fell 2.5 million barrels last week as refinery throughput hit its highest level since the start of the year, data from...

East of Suez crude prices Wednesday were slightly lower as weak refining margins again weighed on Q3 demand outlook, while an oversupplied...