Americas Crude Oil News

Venezuela's state-owned PDVSA has restarted a unit producing the gasoline component MTBE...

US crude oil stocks posted a higher-than-expected build for the week ending 23 February...

Crude oil futures in Tuesday were slightly higher amid choppy trading as markets watched for developments on US attempts to broker a ceasefire in Gaza...

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Australia's Woodside Energy expects LNG demand to increase more than 50% by 2023...

Chevron's planned takeover of the Hess Corporation could be at risk due to ownership rights of a lucrative stake in a Guyana...

Restocking of the US SPR is set to continue, with the Department of Energy announcing late Monday it is tendering...

Crude oil futures Monday were higher after overturning earlier losses, as markets again faced mixed price signals...

Tanker operators in and around the Red Sea remained on high alert after another oil carrier had a near miss over the weekend

The US has sanctioned Russia's biggest tanker fleet operators as it looks to tighten enforcement of a range of measures aimed at restricting...

Phillips66 has restarted a coker at its 264,000 bpd Sweeney refinery after maintenance...

Goldman Sachs said Monday it sees only a modest risk premium despite an escalation in attacks on commercial shipping in the Red Sea...

Middle East oil prices opened the week lower with markets catching up with Brent losses after Asian markets had closed on Monday...

The long-awaited ramp up of Mexico's Olmeca refinery helped push domestic gasoline and diesel output

Bullish positioning in the crude oil market crept higher last week as funds increased speculative long bets on the WTI market...

North American drilling activity increased by a healthy five rigs last week to a seven-month high...

Crude oil futures Friday were sliding lower after a senior Fed official played down the prospects for an early rate cut...

East of Suez crude markets eased slightly Friday but ended the week little changed, with that move helping to support distillate refining margins...

Crude oil futures Thursday were edging higher, as benchmarks moved to the upper reaches of the recent range...

Last week's build in US crude oil inventories fell short of market expectations, even as stocks topped a two-month high...