Americas Crude Oil News

US crude production is expected to slow from record output at the turn of the year, the EIA said late Tuesday...

US crude oil production growth is set slow dramatically in 2024 after another year of stellar growth in 2023...

US crude oil stocks posted a lower-than-expected build for the week ending 2 February, while the increase in gasoline inventories was largely offset...

Crude oil futures were higher for a second session on Tuesday as markets comfortably consolidated early-week gains...

BP's Whiting refinery still shut after power loss, cause unknown

TotalEnergies has restarted all but one production unit at its 238,000 bpd refinery in Port Arthur refinery in Texas nearly...

BP will adopt a pragmatic approach to its investment decisions with regards to the energy transition...

Quantum Commodity Intelligence – East-of-Suez oil prices posted gains for the first time in nearly a week as refiners welcomed Saudi's latest OSP release, and...

Global oil markets will flip into a supply deficit by the end of 2025 as replacement barrels lag behind firming demand...

Crude oil futures Monday were climbing higher, recovering slightly after heavy losses from the previous week as investors wait for...

Saudi Aramco has left its OSP for the flagship Arab Light crude for March loading unchanged for customers in Asia...

Quantum Commodity Intelligence –  The UAE will likely meet it target capacity of 5 million bpd with investments of $150 billion...

Brazil's domestic crude processing fell for a third month in a row in December, easing off another 0.4% from November to 1.97 million bpd...

Middle East oil prices opened the week lower as markets caught up with Brent losses after Asian markets had closed on Friday, with those...

Spain's crude oil imports fell last year as the country shifted further away from traditional OPEC+ suppliers, largely towards the...

North American drilling activity was marginally lower with drilling activity showing little change so far in 2024...

Long positioning in the ICE Brent futures contract hit its highest levels in almost two-and-a-half years last week as speculative bets on the...

Chile's second-largest oil refinery has halted operations due to a massive wildfire that has cut power supplies since

US energy major Chevron joined rival Exxon in beating estimates Friday on record fourth-quarter output...

Crude oil futures Friday were heading lower after initially consolidating at the weaker levels following the previous-session's slump...