Americas Oil Market News

Crude oil futures opened the week higher as the clampdown on sanctioned oil and US cold snap lifted prices to...

US natural gas futures opened the week higher, consolidating the two-week rally but failed to hold earlier gains after another volatile session...

Middle East crude prices soared more than 5% Monday after the US and its allies launched fresh sanction targeting Russian crude...

Middle East crude opened the week over 5% higher as East of Suez markets were given first chance to react to the fresh round...

North American drilling activity declined for the first time in six weeks after flatlining for the past month...

Kinder Morgan resumed operations of its SFPP West and CALNEV fuel pipelines on Friday, after being shut since 8 January due to...

Residual fuel prices continued their upward trajectory this week, buoyed by robust crude benchmarks that were not enough to make...

Diesel struggled to keep pace with crude on both sides of the Suez this week as US inventory data painted a decisively bearish picture but...

Crude prices surged on Friday after the US Treasury unveiled sweeping sanctions targeting Russia's oil sector, escalating efforts to...

Crude oil futures Friday were sharply higher as markets consolidated a third week of positive returns amid tighter sanctions on...

US natural gas futures continued the firm upwards trend Friday, as the prospect of freeze-offs impacting production helped to consolidate...

Gasoline margins came under pressure during the first full trading week of the new year as a well-supplied Atlantic basin forced refiners to dump...

Middle East crude markets raced to three-month peaks as the early-2025 price rally continued, while gasoil hit fresh five-month highs...

Kinder Morgan has temporarily halted operations of its SFPP West and CALNEV pipeline systems in Southern California due to power outages...

Crude oil futures rebounded from earlier lows on reports that the outgoing Biden administration was set to introduce a fresh round of sanctions...

US natural gas futures Wednesday extended the firmer midweek trend as southern states were hit by a second winter blast...

Shell and Chevron have kicked off oil production at the Whale platform in the US Gulf of Mexico, adding a new stream of barrels from...

Middle East shipping risks are likely to surge under a potential second Trump presidency, consultancy Ambrey said in a report...

TotalEnergies is set to drill its first exploration well in Suriname's Block 64, the company's country manager said Wednesday, marking a significant...

Global air cargo demand stabilised in November, offering a tentative sign of recovery in a market still grappling with weaker trade flows...