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Refined products held in independent storage in the ARA region fell for the fifth week to their lowest since...

OPEC maintained its bullish view for oil demand this year and into 2024 in its latest monthly report...

US oil major ExxonMobil has deepened its involvement in the carbon capture and storage (CCS) business by acquiring...

Crude oil futures in European trading hours Thursday were steady as benchmarks consolidated the July rebound...

Kuwait has increased Official Selling Prices (OSPs) for its key export grades loading in August...

Norway's Equinor was forced to close several unknown units at its 240,000 bpd refinery in Mongstad...

Dubai crude posted a seventh consecutive gain Thursday as the July price surge showed no signs of slowing, while the...

The EIA has downgraded its forecast for 2023 oil demand for the first time this year...

Singapore's fuel oil stocks slumped to seven-week lows this week despite a big jump in import volumes, with product...

An unplanned outage at Shell's Wesseling refinery in western Germany has added to regional supply...

The $60/b price cap imposed by the G7 and EU has been breached with benchmark providers...

China's crude oil imports continued to soar in June, hitting 52 million mt through the month as domestic consumption...

Crude oil futures Wednesday were consolidating the firm gains made since the start of the month, as Brent topped the psychologically-important...

Quantum Commodity Intelligence - Shell has made a fourth successful discovery offshore Namibia, with the latest exploration well confirming...

OPEC+ crude production was largely unchanged for June, which marked the second month of expanded voluntary cuts...

Crude recovered further ground on Wednesday despite a bearish set of EIA figures, with easing US inflation signals...

US crude oil stocks rebounded from last week's six-month lows, with the EIA's Weekly Petroleum Status Report showing...

US gasoline inventories were unchanged last week as a sharp jump in exports offset a slump...

US distillate stocks surged more than 4% during the seven-day period ending 7 July, as a downturn...

Adnoc has nudged up Official Selling Prices for August-loading crude, with its flagship Murban grade set at...