Americas Crude Oil News

Oil refiners in the US have asked the Biden Administration to reform the current Renewable Fuel Standard (RFS) and renewable fuel credit (RIN) program...

Commercial US crude inventories fell by 9.2 million barrels in the week to 19 January as Arctic storms shut in production in North Dakota...

The cost of shipping clean products across the Atlantic has more than doubled in the last week...

Canadian refiner Suncor has restarted unspecified units at its 85,000 bpd Sarnia refinery about a week after freezing weather...

Middle East eased slightly Wednesday, although oil markets were broadly on hold amid mixed pricing signals, while product cracks largely softened...

US crude oil stocks posted larger-than-expected decline for the week ending 19 January, although a large build in gasoline stocks offset...

The surge in light crude production from the giant Permian basin has proved a major lift in the revival of the Dated Brent...

Crude oil futures Tuesday were marginally higher, as broader economic concerns offset earlier gains after Brent initially consolidated...

Russia's energy export revenues fell 8% on the month in December to a five-month low of €58 million per day as crude prices fell through...

TotalEnergies has begun startup activities at its 238,000 bpd Port Arthur refinery in Texas, after freezing temperatures...

Quantum Commodity Intelligence – Middle East oil prices rallied strongly after the latest wave of strikes against Houthi militants raised the geopolitical temperature in the region, driving...

Ongoing disruptions to maritime traffic in the Red Sea have had a major impact on international trade flows and are likely to...

Crude oil futures were pushing higher Monday, having initially opened the week...

It could take weeks for oil and gas output in North Dakota to fully recover from an arctic storm that knocked out more than half its capacity last...

North American drilling activity was marginally higher, although the gains came in the gas sector with oil activity lower...

Quantum Commodity Intelligence – Middle East oil prices opened the week lower, with markets catching up with Brent losses after Asian markets had closed on Friday, which...

Crude futures were lower following Friday's late sell-off, eroding the week's otherwise modest gains...

Argentinian authorities have shutdown its main crude exporting terminal in the Atlantic to investigate...

Middle East crude prices strengthened for a second Friday as benchmark Dubai posted the second highest print of 2024...

Brazil's state-ran Petrobras has formally restarted its upgrade of the Refinaria Abreu e Lima (RNEST) refinery...