Oil Market News

Crude oil and LSGO futures extended losses at the start of the week as concerns over the market's permeability for additional barrels...

ExxonMobil's seventh project in Guyana has received the necessary regulatory approvals for it to proceed with the $6.8 billion Hammerhead...

Kinder Morgan halted a segment of its Colorado Interstate Gas Company (CIG) pipeline that runs through...

Commodities trader Mercuria Energy Group has claimed that a former natural gas trader misreported deals that resulted in major losses...

India's crude imports were seen lower over the year in August, official data showed Monday, coinciding with US trade negotiations...

Peru's largest crude oil producer, PetroTal, has experienced a roughly 20% drop in output of heavy sweet Bretana crude...

Crude oil prices were drifting lower Monday despite uncertainty over tighter sanctions on Russian energy sales...

Porsche has dialled back its electric vehicles (EVs) rollout plans as deteriorating macroeconomic conditions soften the market's appetite and...

Crude output in Saudi Arabia eased back in July, after a massive print for June, Jodi data showed Monday, while refinery runs reached their highest on record...

Two new weather systems have formed in the Atlantic Ocean as Hurricane Gabrielle turns eastwards....