Americas Crude Oil News

Citibank has raised its price forecast for Brent crude in the second quarter and the full-year of 2024, citing shipping disruptions in the Middle East...

A power failure has shut multiple units at the West Plant of Valero's 370,000 bpd Corpus Christi refinery...

Marathon Petroleum has restarted multiple units at both its Galveston Bay refinery in Texas and LA refinery...

Middle East oil prices finished the week on a firm footing as benchmark Dubai printed a 2024 high...

OPEC and its allies, collectively referred to as OPEC+, failed to fully implement fresh 2024 production cuts for a second month in February...

Crude oil futures Thursday were slightly lower as benchmarks struggled to consolidated the previous-session's gains...

The Department of Energy has issued its latest tender to resupply the Strategic Petroleum Reserve (SPR) as is looks to secure 3 million...

An extension of OPEC+ crude oil output cuts a further six months could see oil...

Middle East oil prices edged higher Thursday for a second session as Dubai consolidated close to 2024 highs, while high sulfur fuel oil margins...

ExxonMobil has started the legal progress in a bid to acquire the rights to Hess's prized assets in Guyana...

Crude oil futures Wednesday were climbing higher as prices staged a midweek rebound...

Nigeria's Dangote refinery has secured a second cargo of US WTI Midland crude...

US gasoline stocks fell by the most in four months last week, EIA data showed Wednesday...

Privately held US crude oil stocks touched a four-month high this week as weekly stocks data from the EIA showed inventories...

Middle East oil prices edged higher Wednesday as markets steadied following early-week losses, while gasoil margins continued to slide...

US crude oil inventories posted a lower-than-expected build for the week ending 1 March, while refined product stocks were lower...

Saudi Aramco has increased its Official Selling Price (OSP) for the flagship Arab Light crude loading in April for customers in Asia...

Crude oil futures in European trading hours Tuesday were marginally lower as benchmarks maintained the softer start to the week...

Middle East oil prices retreated Tuesday with the bounce from the extended OPEC+ cuts proving short-lived, while gasoline cargoes were bid...

The much delayed Trans Mountain Expansion (TMX) pipeline will likely begin line-fill in April in preparation for the start of exports...