Americas Oil Market News

Oil and gas executives operating in the southern oil-producing states of the US expect energy prices to end 2025 slightly below current levels...

Middle East crude prices eased slightly from the three-month highs Tuesday after the rally in benchmarks ran out of steam...

Crude oil output from core OPEC members eased by just over 100,000 bpd in December after the UAE reined in production...

Speculative bullish sentiment in the crude oil and diesel market continued to improve into the end of 2024 as money managers shifted their...

Crude oil futures Monday were marginally higher, as cold blasts in the US and Europe underpinned the firm start to 2025...

The Biden administration is set to introduce further sanctions targeting Russia's shadow tanker fleet, which transports crude oil sold...

Goldman Sachs believes that Iranian output will only decline by around 300,000 bpd despite sales being targeted by further sanctions...

Saudi Aramco has increased the OSP for its flagship Arab Light crude loading in February, reflecting the firmer cash cargo premiums...

Middle East crude prices nudged to fresh three-month highs Monday, followed by firmer gasoline cracks in Asia as local refiners brace...

North American drilling activity was unchanged for a fourth week with major oil gas basins largely flat...

Brazilian crude output inched higher over the month in November but was still down sharply on the year...

Crude oil futures Friday were building on recent firm gains with Arctic conditions in Europe and the US set to boost energy demand...

European natural gas prices could surge significantly higher in the months ahead, Goldman Sachs warned Thursday, citing colder-than-...

Outgoing US President Joe Biden is set to issue a decree that would permanently ban new offshore oil and gas development...

Diesel gained momentum on both sides of the Suez this week, driven by falling temperatures that intensified oil-switching in the US and...

Residual fuel prices were dragged higher at the start of the year by the recent strength of the crude market, although the longer-term...

Gasoline storage remains the only play left for many Atlantic basin producers with the last remaining arbs to the east closed...

Middle East crude prices soared to near three-month highs Friday, while the products market saw gasoil cracks continuing to firm amid...

Crude oil futures in opened the New Year higher, as benchmarks looked to extend the positive finish to 2024...

European natural gas prices were nudging higher Thursday, while US futures opened the New Year steady with both continents set to see...