Oil Market News

12 Feb 2025
Crude oil futures Wednesday were drifting lower as markets paused after the week's firm upwards trend...
12 Feb 2025
European natural gas futures rowed back for a second session Wednesday on hopes that Europe's depleted stocks would withstand...
12 Feb 2025
OPEC has maintained its relatively upbeat outlook for global oil demand growth in 2025 at 1.45 million bpd, shrugging off concerns that...
12 Feb 2025
Global crude and condensate exports reached their highest levels in eight months in January, according to latest Vortexa analysis, as rising...
12 Feb 2025
Production has resumed at Norway's Johan Sverdrup oilfield, operator Equinor said on Wednesday, following a brief shutdown caused...
12 Feb 2025
South Sudan has resumed oil production at fields operated by Chinese major CNPC after nearly a year of disruption, Bloomberg reported...
12 Feb 2025
Spain's refined oil product output rebounded in December, official figures revealed Wednesday, with increases seen across the barrel...
12 Feb 2025
Middle East crude prices eased for the first time in four sessions Wednesday, while jet fuel and gasoil cracks strengthened to the highest levels...
12 Feb 2025
Shell expects oil demand growth to continue well into the next decade, with artificial intelligence playing a major role...
12 Feb 2025
The European Commission is considering new powers to temporarily restrict the upside on natural gas prices...
12 Feb 2025
Oil product inventories in Fujairah rebounded sharply as a steep build in residual fuel stocks outweighed the draw in middle distillates...
12 Feb 2025
China's oil demand growth is forecasted to extend beyond the midpoint of this decade as more refining and petrochemical cracking...
11 Feb 2025
US consumption of distillate fuel oil through 2026 will surpass that seen last year to set record highs because ...
11 Feb 2025
US commercial crude stockpiles rose just over 9 million barrels for the week ending February 7, according ...
11 Feb 2025
The Energy Information Administration (EIA) sees an increasing supply of liquid petroleum fuels through 2026 ...
11 Feb 2025
Crude oil futures Tuesday extended early-week gains as risk-on sentiment returned as traders eyed supply disruptions and winter-led demand...
11 Feb 2025
Benchmark crude oil futures extended gains on Tuesday on renewed global supply concerns and escalating geopolitical tensions, while...
11 Feb 2025
Several European countries bordering the Baltic Sea are working on plans to detain Russian oil tankers in their waters, but maritime...
11 Feb 2025
India is open to buying more Venezuelan crude oil for its booming refining sector and is in discussions to get further deals over the...
11 Feb 2025
Asian fuel oil prices continued to trade higher than Brent crude during Tuesday's session as the market continues to price in the impact...
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