Americas Oil Market News

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

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...

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...

Colonial Pipeline was been forced to shut its main gasoline pipeline, the country's largest, until at least Friday as it looks into a leak...

US commercial crude oil inventories registered a further weekly drop in a sequence going back to November, data published by the EIA...

US distillate fuel inventories registered a build for the fifth consecutive week, buoyed by a sharp rise in the Gulf Coast to bring nationwide stocks...

US crude oil inventories posted another draw in the week ending 10 January but refined products registered a further round of steep gains...

Middle East crude were steady for a second session, holding close to six-month highs, while the product side is still pricing in fresh sanctions...

Naphtha has struggled to keep up with crude's stellar start to 2025, as higher flatprices push feedstock margins deeper into negative territory...

US operator Colonial has shut its largest refined products pipeline to investigate a potential leak in Georgia...

Crude oil futures were drifting lower as markets took stock after the steep rally since the US and its allies announced tighter sanctions...

The US Energy Information Administration (EIA) expects downward pressure on global oil prices this year and into 2026...

US LNG export capacity has reached new highs with two new terminals recently loading maiden cargoes as part of the start-up stage...

Premiums for flagship crude grades surged to the highest levels in over two years, as the latest round of sanctions sent refiners scrambling...

Crude production from OPEC+ was little changed in December with a reduction from the UAE offset by more modest increases elsewhere...

Outright Middle East crude steadied after consolidating early week-gains Tuesday, which helped put a brake on the recent retreat in...

Bullish bets on WTI crude futures last week hit their highest level since October 2023, delayed commitment of traders' data showed Monday...

Preliminary Texas crude oil production figures from the US state's oil and gas regulator suggest October output could rank in the top five...

Distillate east-west arbs have widened sharply in recent days, with diesel and jet fuel pointing increasingly to Europe as sanctions...