Oil Market News

The Port of Corpus Christi exported a record 2.3 million bpd of crude oil in 2024, a 7% increase over the previous year...

Benchmark crude oil futures drifted lower Thursday as markets consolidated recent gains, while inventory data painted a decisively bearish...

Crude oil futures were drifting lower, although benchmarks have mostly consolidating recent steep gains as supply concerns underpinned...

Traders are bypassing emissions rules introduced in Belgium and the Netherlands aimed at improving the quality of refined product exports...

US natural gas futures were holding at close to two-year highs Thursday, with Arctic temperatures increasingly forecast to last throughout January and possible into February...

Refined oil product inventories held in the ARA region edged higher last week, data showed Thursday, with gasoline climbing to fresh highs as...

OPEC and its allies trimmed production by a modest 60,000 bpd in December, with small reductions recorded by several producers...

Marine fuel sales in Fujairah drifted lower in December to reach their lowest levels in over a year as demand remained constrained by the...

Qatar has awarded its Al Shaheen tender for March at the highest levels since 2022, after the latest round of sanctions sparked a scramble...

Singapore's onshore fuel oil inventories fell to 20.745 million barrels for the week ending 15 January, their lowest level in five weeks…

The former chief executive of Orlen's Swiss-based trading arm has been detained in the United Arab Emirates (UAE) as part of an ongoing...

Middle East crude prices surged to fresh six-month highs Thursday as disruption caused by Russian sanctions lifted markets again, but gasoil...

Yantian port in south China is aiming to be the largest bunkering hub in the country with an ambitious plan to boost the volumes...

Kerosene stocks in Japan continued to draw lower in the second week of 2025 amid peak heating season despite higher crude runs by local...

Crude oil futures were climbing higher as the upheaval to the supply side caused by fresh sanctions on Russia oil offset broader...

US ethanol stocks hit an eight-month high last week as output, gasoline demand, and exports dip...

Kazakshtan's Tengizchevroil (TCO) has completed maintenance at the country's largest oil field at Tengiz, according to state-led media...

Robust gasoline and jet fuel deliveries at Exolum terminals last year point to a modest climb in overall Spanish oil demand in 2024...

Benchmark crude oil futures rebounded Wednesday as the International Energy Agency (IEA) warned of significant disruptions to global...

OPEC has maintained its outlook for global oil demand growth in 2025 at just above 1.4 million bpd, while in a first look at 2026...