Americas Crude Oil News

Consolidation in the US shale industry is set to continue as Diamondback said it would buy Endeavor Energy in a deal worth as much as...

OPEC and its allies, collectively referred to as OPEC+, reduced crude oil production by a net 340,000 bpd in January, but the figure was still a significant miss...

North American drilling activity was slightly higher for the first full week of February but are little changed since the start of 2024...

Speculators' bullishness over the crude oil market pulled back last week as traders slashed long positions and build up fresh shorts amid a...

Asia commentary and pricing are suspended for the Lunar New Year holiday in Singapore. A normal publishing schedule will resume on 13 February...

Crude oil futures in European hours Friday were little changed, largely consolidating the week's firm gains after rallying 3%...

Brazil's Petrobras reported another jump in quarterly output Friday on the back of its prolific pre-salt assets...

Middle East oil prices were higher for a fourth session Friday, cementing the week's solid gains, while east-west spreads for middle distillates...

Restocking of the US' Strategic Petroleum Reserve (SPR) is set to continue, with the Department of Energy (DOE) saying Thursday it is looking...

Crude oil futures Thursday were around 2.5% higher as the week's firm trend continued, underpinned by stronger refined products and faltering ceasefire talks...

US Independent producer Devon Energy has made moves to acquire fellow independent driller Enerplus...

Shipping giant A.P. Moller-Maersk said the current rerouting of its fleet to avoid using the Red Sea will likely last at least several more weeks...

Port workers at the Sullom Voe oil terminal in the North Sea have voted for strike action...

Gasoline and diesel prices in the Chicago region have jumped sharply higher after it emerged the Midwest's...

TotalEnergies has shut its 238,000 bpd Port Arthur refinery in Texas just a few days after it restarted...

Middle East oil prices were higher for a third session Thursday as sentiment continued to improve, while gasoil cracks firmed further to...

Crude oil futures in were trading higher for a third session as the EIA said that US oil production...

US crude oil stocks built more than expected last week, with a 5.5-million-barrel rise in inventories taking stocks to a three-week high of 427.4...

Rebounding demand from West Europe and Singapore lifted December exports of US crude to their highest levels in nine months, while...

Middle East oil prices climbed higher for a second session Wednesday, while gasoil cracks continued to tick higher and touch a three-month high...