Americas Crude Oil News
6 May 2024
North American drilling activity resumed the downwards trend with both oil and gas activity reduced...
6 May 2024
A build in money managers' Brent long positioning last week left global crude markets appearing slightly more bullish, while a prolonged selloff...
3 May 2024
Crude oil futures in were drifting lower Friday, extending the week's sharp losses with benchmarks down by around 6%...
3 May 2024
US energy firm ConocoPhillips increased total oil and gas output to 1.9 million boepd in Q1, up 2%...
3 May 2024
US crude oil exports pulled back from February's 12-month high, dropping around 8% on the month to average 4.3 million bpd as...
3 May 2024
Asian oil markets extended the week's sharp decline as Dubai tumbled to fresh seven-week lows, while middle distillate outright slipped...
2 May 2024
Crude oil futures were little changed as benchmarks failed to hold earlier gains despite initially recovering Thursday...
2 May 2024
Quantum Commodity Intelligence – ExxonMobil's $60 billion acquisition of Pioneer Natural Resources will go ahead, but Pioneer's CEO Scott Sheffield...
2 May 2024
Deliveries of physical crude in the Platts Market-on-Close (MOC) Dated Brent window set a new record in April, while underlying volumes...
2 May 2024
Early-month surveys published by Bloomberg and Reuters revealed that production from core OPEC members eased during April...
2 May 2024
Asian oil prices were sharply lower as markets caught up with the Brent slump after Asian markets were closed Wednesday for the...
1 May 2024
Crude oil futures Wednesday were sharply lower, as benchmarks extended the broader downwards trend of the past week after data...
1 May 2024
US crude oil inventories continued to build last week, with another 1% gain recorded in weekly figures from the EIA as stock levels hit...
1 May 2024
The first tanker to load crude shipped via Canada's (TMX) has been chartered for second-half May dates, while the pipeline has...
1 May 2024
Asia commentary and pricing are suspended Wednesday due to the Singapore holiday...
1 May 2024
Brazil's crude oil production slipped to a nine-month low during March as output in its offshore sector continued to slow from last year's...
1 May 2024
US crude oil inventories posted a higher-than-expected build for the week ending 26 April, while gasoline and distillates registered declines...
1 May 2024
The development of a global parallel trade in crude oil and refined products means G7-led sanctions on Russia's exports are not working...
30 Apr 2024
Crude oil futures Tuesday were drifting lower as focus pivoted towards ceasefire talks in the Middle East, but the outcome on the latest round...
30 Apr 2024
S refiner Marathon Petroleum expects oil demand growth of between 1.2 and 2 million bpd over the next few years...