Latest News

Ghana is looking at a new policy to pay for oil product imports in gold to try and shore up...

Asian crude prices staged a strong rebound Friday as leading OPEC officials reaffirmed commitments...

Morgan Stanley sees Brent crude at $95/b in the first quarter next year, the investment bank said in a note Friday...

Crude futures were static during Thursday's session as the EU failed to agree on a level for the...

Crude oil futures Thursday were little changed after EU members failed to agree on a level for the Russian price cap...

Industrial action at the Dutch 148,000-bpd Zeeland Refinery may start as early as late November if...

The UK's net crude oil imports reached a minimum four-year high in September as flows from the US and Libya surged...

The collapse in the Dubai crude market structure this month will almost certainly lead to sharp reduction in Saudi Aramco OSPs...

Dubai's Department of Petroleum Affairs has left the Official Selling Price (OSP) for Dubai crude loading in February unchanged at a discount of...

Japan's oil product inventories hit a 14-month high last week as higher exports were unable...

A cap on Russian oil set at $65-70/b reduces the chance of retaliation, Goldman Sachs said Thursday...

Asian crude prices were sharply lower Thursday as Dubai tumbled below $80/b...

The US is poised to grant a license to Chevron to resume oil production oil in Venezuela, in a policy shift that...

Residual fuel stocks in Singapore fell by almost 2 million barrels in the week to 23 November and dragged total product...

North American drilling activity was marginally higher in the shortened week ending 23 November, oilfield services firm Baker Hughes...

Crude futures retreated in the midweek session on reports the much-anticipated price cap...

Crude oil Wednesday were in sharp retreat amid reports that the price ceiling imposed on Russian crude could be significantly higher...

Pakistan's crude oil imports recovered in October, with monthly data from the Oil Companies Advisory...

US commercial crude inventories fell 3.7 million barrels last week on a swift recovery...