Americas Oil Market News

Transatlantic diesel exports are seen sharply higher this month after a lull in January and February, with the arb open to Europe...

Middle East crude prices were little changed Wednesday, while the gasoil crack slipped to its weakest against Brent since December...

US commercial crude oil inventories were up last week while gasoline stocks saw a big drop, according to figures from the American...

Occidental Petroleum (Oxy) sees extracting remaining oil reserves, known also as enhanced oil recovery (EOR), in both shale...

South America's nascent oil producer Guyana has begun reviewing a proposal to send its domestic crude...

US crude oil production growth will likely slowly decline and output reach a plateau later this decade, according to ConocoPhillips...

Crude oil futures were nudging higher but Brent remained around the $70/b mark on Tuesday as US tariff policy continues to...

Alberta is exploring ways to increase its crude pipeline capacity to 6-7 million bpd by 2028-2030, according to the province's minister...

The EIA sees a tighter oil market than previously thought as sanctions on Iran and Venezuela...

European natural gas futures were consolidating at recent firmer levels Tuesday amid uncertainty around the Russia/Ukraine peace talks and...

Delta airlines slashed its first-quarter profit estimates by over 50% on Monday, citing sluggish travel demand amid rising global economic...

Middle East crude rowed back Tuesday to leave prices just above multi-year lows, while gasoil cracks continued to slide as peak winter...

Fuel oil imports in Asia are set to recover from a multi-year low this month as a flurry of long-haul cargoes from the Americas region is scheduled...

Crude prices are likely to move in the $60-$80/b range during 2025 with prices moderated by global trade concerns and slower growth...

Inflation will be elevated over the next six to nine months and this pressure will come mainly from a shortage...

Of the $400 billion in total oil and gas investments this year, some $360 billion is going towards offsetting...

OPAL Fuels has agreed to build and operate five new fuel stations in Canada, which will supply 3.85 million gasoline gallons equivalent per...

Members of the US Congress have urged tax officials to maintain energy tax credits to avoid disrupting industry investments...

Crude oil futures staged another volatile session Monday with Brent slipping back below the $70/b mark...

The US military has confirmed an oil tanker struck in the North Sea on Monday, catching fire and spilling jet fuel into the ocean, was on...