Americas Crude Oil News

Middle East crude prices were sharply lower Thursday as Dubai caught up with Brent losses after Asian markets had closed Wednesday...

The US State Department is to reimpose sanctions on Venezuela's oil industry, after the government of President Nicolas Maduro failed to uphold commitments...

Crude oil futures Wednesday were sharply lower on hopes of a de-escalation in Middle East tensions which in turn was seen eroding the risk premium...

Further releases of crude from the US Strategic Petroleum Reserve (SPR) have not been ruled out...

US gasoline stocks resumed their seasonal decline last week, driven lower by a sharp draw on the West Coast...

US commercial crude stocks hit their highest levels since June last week, with data from the Energy Information Administration...

US crude refiner Meridian Energy Group has announced that its refinery under construction in North Dakota will achieve the net-zero...

Deliveries of WTI Midland declined in the Platts MOC Dated Brent window during March, although the US flagship export grade remained the largest single grade...

The US State Department looks set to reimpose sanctions on Venezuela's oil industry Thursday, barring a last-minute deal, with both sides...

Saudi Arabia's production and exports of crude oil were slightly higher over the month in February...

Middle East crude prices were marginally higher Wednesday as traders continued to wait for Israel's response to Iran, while the products...

European diesel markets are teetering on contango this week with arrivals from both Atlantic and east of Suez suppliers...

Motiva's Port Arthur refinery is back to full production around a week after a storm knocked out the power at the Texas plant...

US crude oil inventories posted an above-expectations increase for the week ending 12 April, while gasoline and distillate stockpiles registered declines...

Crude oil futures Tuesday were little changed with all eyes on Israel, after senior officials indicated it was preparing a response...

The United States is preparing to rollout a fresh round of sanctions aimed at Iran, although Washington may stop short of directly targeting oil sales...

East of Suez oil prices edged higher Tuesday as Middle East tensions continued to dominate, while the weakness in middle distillates persisted...

US tight oil output is only expected to see modest gains over the coming months even with crude pricing near its highest levels in, with the...

Crude oil Monday were sliding lower after the market was initially left on tenterhooks, waiting for Israel's response...

Middle East oil prices opened the week lower after Iran's retaliatory attack on Israel was largely thwarted, which helped further lift gasoline...