Oil Market News

European natural gas futures rowed back for a second session Wednesday on hopes that Europe's depleted stocks would withstand...

OPEC has maintained its relatively upbeat outlook for global oil demand growth in 2025 at 1.45 million bpd, shrugging off concerns that...

Global crude and condensate exports reached their highest levels in eight months in January, according to latest Vortexa analysis, as rising...

Production has resumed at Norway's Johan Sverdrup oilfield, operator Equinor said on Wednesday, following a brief shutdown caused...

South Sudan has resumed oil production at fields operated by Chinese major CNPC after nearly a year of disruption, Bloomberg reported...

Spain's refined oil product output rebounded in December, official figures revealed Wednesday, with increases seen across the barrel...

Middle East crude prices eased for the first time in four sessions Wednesday, while jet fuel and gasoil cracks strengthened to the highest levels...

Shell expects oil demand growth to continue well into the next decade, with artificial intelligence playing a major role...

The European Commission is considering new powers to temporarily restrict the upside on natural gas prices...

Oil product inventories in Fujairah rebounded sharply as a steep build in residual fuel stocks outweighed the draw in middle distillates...

China's oil demand growth is forecasted to extend beyond the midpoint of this decade as more refining and petrochemical cracking...

US consumption of distillate fuel oil through 2026 will surpass that seen last year to set record highs because ...

US commercial crude stockpiles rose just over 9 million barrels for the week ending February 7, according ...

The Energy Information Administration (EIA) sees an increasing supply of liquid petroleum fuels through 2026 ...

Crude oil futures Tuesday extended early-week gains as risk-on sentiment returned as traders eyed supply disruptions and winter-led demand...

Benchmark crude oil futures extended gains on Tuesday on renewed global supply concerns and escalating geopolitical tensions, while...

Several European countries bordering the Baltic Sea are working on plans to detain Russian oil tankers in their waters, but maritime...

India is open to buying more Venezuelan crude oil for its booming refining sector and is in discussions to get further deals over the...

Asian fuel oil prices continued to trade higher than Brent crude during Tuesday's session as the market continues to price in the impact...

Taiwan is planning to purchase more LNG from the US in a bid to reduce its trade surplus, while at the same time broadening its supply network...