Oil Market News

21 Jan 2025
Middle East crude prices eased for a second session Tuesday but continued to gain on Brent, while the front of the gasoline paper...
21 Jan 2025
Canadian crude shipped to the US via pipeline jumped over the month in November, official data showed Tuesday...
21 Jan 2025
Indian refiners have requested that one of the country's major crude suppliers, Adnoc, supply crude on a delivered basis in a bid to help...
21 Jan 2025
Domestic crude oil and natural gas production in China is expected to increase again in 2025, marking potentially a ninth consecutive...
21 Jan 2025
The International Energy Agency (IEA) has warned that global natural gas markets will remain tight over the year ahead, with demand...
20 Jan 2025
Benchmark crude oil futures lost their footing Monday as investors weighed the implications of a second Trump presidency against a backdrop of...
20 Jan 2025
State-owned Kuwait Oil Company said Monday it has discovered of 800 million barrels of medium density oil
20 Jan 2025
Crude oil futures opened the week slightly lower, as markets took a breather ahead the inauguration of President Donald Trump...
20 Jan 2025
Volumes of Canadian crude exported via the TMX pipeline could increase as the threat of US tariffs boosts demand for available capacity...
20 Jan 2025
Yemen's Houthi militia will limit Red Sea attacks to Israeli-linked vessels, the country's Humanitarian Operations Coordination Centre (HOCC)...
20 Jan 2025
China's fuel oil production fell to 1.3 million mt in December 2024, down 21% from November's 1.7 million mt and 10.7% lower than December...
20 Jan 2025
BP has restarted one of two production platforms in Azerbaijan's largest natural gas field Shah Deniz...
20 Jan 2025
US refiner Marathon Petroleum said it discovered at a leak at its 631,000 bpd Galveston Bay refinery during maintenance over the weekend...
20 Jan 2025
Middle East crude prices opened the week lower, while gasoil cracks firmed to a fresh nine-month high....
20 Jan 2025
Kazakhstan's crude oil output dropped in December to its second lowest print in 2024 as the country looks to scale back...
20 Jan 2025
Nigeria's crude oil output held at recent highs last month, just shy of its OPEC+ target of 1.5 million bpd...
20 Jan 2025
China's middle distillate output surged in 2024 amid a global demand recovery, while gasoline production growth stalled as domestic oil...
20 Jan 2025
Jet fuel exports from China jumped in 2024 amid a strong recovery of global tourism while shipments of gasoline and diesel slumped as supply...
20 Jan 2025
North American drilling activity declined for a second week and to the lowest three years...
20 Jan 2025
President-elect Donald Trump is set to declare a national energy emergency on his first day in office, deploying sweeping executive...
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