Americas Crude Oil News

US energy major ExxonMobil's fourth-quarter earnings came in higher than expected Friday on stronger-than-anticipated growth

Quantum Commodity Intelligence – Asian crude prices were lower Friday on reports...

BP was restarting its 435,000 bpd Whiting refinery in Indiana Friday after a power outage...

Crude oil futures slumped sharply in a late Thursday trading on reports that Israel was close to reaching a deal with Hamas...

Brazil's offshore crude oil production continued to hit fresh highs, with development of the country's deep water yield 111.1 million barrels...

Shipping disruptions on the Red Sea are exacerbating long-running trends in the oil refining and shipping businesses, with prices...

Asian crude prices were lower Thursday, although Dubai registered a relatively solid start to the month in gaining versus Brent, while east-west...

Production from core OPEC members dropped by more than 400,000 bpd in January as producers implemented the latest round of cuts...

The average price for benchmark Middle East Dubai edged up in January, breaking a three-month losing streak...

The US produced an all-time high 13.31 million bpd in November, according to the latest monthly data...

Crude oil futures Wednesday were in retreat after weak data from China weighed on markets, but benchmarks were heading for the first monthly gains since...

US crude oil stocks at the delivery hub for the WTI futures contract tumbled again to hit a two-month low at the end of January...

US gasoline stocks climbed for the fifth straight week as supply rebounded after freezing weather, outpacing higher domestic demand and...

Brazil's Petrobras has targeted an additional 290,000 bpd of ultra-low diesel production by the end of the decade...

Asian crude prices were slightly higher on the day Wednesday as benchmark Dubai registered the sharpest monthly gains since September...

A hedge fund operated by high-profile manager Pierre Andurand continued to struggle during the second half of 2023...

The United States' Department of Energy (DOE) is looking to buy another 3 million barrels of crude as it slowly restocks its Strategic Petroleum...

US crude oil stocks posted a slightly larger-than-expected decline for the week ending 26 January, while refined products...

The US will not renew sanctions relief provided to Venezula's oil and gas sector when it expires in April...

US refiner Marathon expects a heavy maintenance schedule to support Q1 margins during the shift to summer-grade gasoline...