Americas Oil Market News

The Americas' crude oil export landscape saw a significant reshuffling in 2024, with Brazil and Guyana compensating for a slowdown from...

Middle East crude prices rowed back Thursday, catching up with the Brent retreat after Asia had closed in the previous session, while...

Supply tightness across global diesel markets is set to alleviate going into the Spring this year as the end of seasonal refinery maintenance...

Texas crude oil production in 2024 averaged 5.7 million bpd, the third consecutive year the US state established a new record-high for output...

Crude oil futures Wednesday rowed back from earlier three-month highs as bearish EIA inventory report wiped out earlier gains...

US commercial crude oil inventories registered a second weekly drop of 1 million barrels during the latest reporting cycle...

US gasoline inventories surged to fresh 10-month highs last week as refiners processed more crude to bolster reserves amid a seasonal...

US distillate fuel inventories continued to build for a fourth consecutive week, buoyed by a big rise in Midwestern inventories as countrywide...

US natural gas futures Wednesday were higher amid another volatile session, as weather conditions left investors guessing on the impact for gas...

Gasoline cracks have come under additional downward pressure, hitting fresh lows during trade on Wednesday and threatening to fall...

President-elect Donald Trump on Tuesday announced plans to revoke President Joe Biden's sweeping offshore drilling ban, describing...

Middle East crude prices surged to fresh three-month highs Wednesday on potentially tightening availabilities, while spot gasoil touched...

Oil production from the 12 core OPEC members eased during December as reductions in the UAE and Iran offset increases from Libya and...

US crude oil inventories posted another draw but refined products registered a further round of steep gains...

Valero Energy's McKee Refinery in Texas was hit by a power outage on Tuesday, shutting down multiple units and triggering emissions...

Crude oil futures Tuesday were climbing higher, overturning earlier losses following reports that a key Chinese port is set to ban sanctioned...

US natural gas futures eased back Tuesday amid uncertainty on the extent of the Arctic blast blanketing much of North America...

US crude oil exports climbed to their highest level in nine months in November as resurgent Asian demand coincided with easing hurricane...

The US government has placed Chinese oil major CNOOC on a military blacklist due to its ties to the People's Liberation Army (PLA), citing...

China's Shandong Port Group has barred US-sanctioned oil tankers from docking, unloading, or receiving services at its key terminals...