Americas Crude Oil News

The CEO of Brazil's Petrobras, Jean Paul Prattes, has decided to step down, the state-ran energy giant said in a statement...

ExxonMobil is restarting its 250,000 bpd Joliet refinery in Illinois after wrapping up scheduled maintenance that started in late March...

Several oil producers in Canada are pushing for the recently opened Trans Mountain Expansion (TMX) pipeline to tighten up on...

US crude oil inventories posted an unexpected draw for the week ending 10 May, while gasoline stockpiles also eased...

rude oil futures Tuesday were sliding lower as oil markets failed to react to another upbeat demand outlook from OPEC, instead focusing on...

Profits fell more than expected at Brazil's Petrobras in the first quarter, the state-ran company reported Tuesday

East of Suez crude prices were steady Tuesday with markets generally lacking direction in the early stages of the week, but the downward...

US tight oil production is expected to reach a six-month high next month as gains in the Permian, Eagle Ford, and Anadarko...

OPEC and its allies reduced output by over 200,000 bpd largely on Russian cuts, but worryingly for the alliance Iraq continues...

Crude oil futures opened the week marginally higher as focus pivots back to macroeconomics, in particular the US and the timetable for rate cuts ahead...

Canada's Suncor has begun startup procedures at its 85,000 bpd Sarnia refinery after planned maintenance...

Residents of Canada's Fort McMurray oil hub have been put on standby to evacuate as an "out of control" wildfire threatens the city in...

Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed on Friday...

Money managers appeared to pull back from the crude and refined products markets last week as net positioning showed longs being cut and...

North American drilling activity extended the year's downwards trend with Texas leading the losses...

OPEC+ continued to reign in production during April as Russia started implementing fresh cuts, while Iraq and Kazakhstan also curtailed...

Crude oil futures in Friday were were lower as markets surrendered earlier gains amid a late selloff, although benchmarks just about ended...

S&P Global Commodity Insights has raised its production outlook for Canadian oil sands over the resto of the decade...

The US government has deferred the deadline for companies to return crude loaned from the Strategic Petroleum Reserve (SPR) by up to...

East of Suez crude prices were steady Friday to close out the week in small positive territory, while the slide in gasoline margins paused...