Oil Market News

The international marketing arm of Mexico's state-owned oil company Pemex increased June official selling prices for its flagship Maya crude...

Crude oil futures were trending higher Friday as benchmarks consolidated modest weekly gains...

Benchmark crude oil futures surged late Friday after a collapse in ceasefire negotiations between Russia and Ukraine strengthened the...

US oil and gas rotary drilling activity tumbled for a third week as drillers in the Permian Basin continued ...

Greece has delayed further a planned restart of its Alexandroupolis LNG receiving terminal, while the plant will operate at sharply reduced levels...

Distillate fuel margins in the West of Suez market experienced a sharp rebound this week after the US and China agreed to temporarily place...

Asia's high sulphur fuel oil market saw fresh signs of tightness this week as cracks and backwardation rose sharply...

Middle East crude prices ended the week largely unchanged with progress on trade talks offset by growing production quotas and progress with...

Global gasoline cracks surrendered recent gains this week with refinery maintenance tailing off and Nigeria's Dangote...

The global naphtha supply is expected to grow tighter going into the 2030s as a slowdown of propane dehydrogenation (PDH) plants and the...