Americas Oil Market News

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

US gasoline stocks reached their highest levels since July last week as demand sunk to fresh 10 month lows while production remained relatively flat...

US distillate oil stocks were on the up in the week to 27 December as output has continued to expand, hitting a three-month high...

A sharp jump in diesel inventories helped push refined oil products held in the ARA region near their highest level in almost four years...

Brazil's refined products output slipped to a four-month low in November although refinery throughput has remained buoyant...

Técnicas Reunidas has secured a $440 million contract to build a major oil storage and export terminal for Vaca Muerta, Argentina's...

Middle East crude markets opened the New Year higher following on from the strong finish to 2024, while naphtha physical and paper...

US crude oil inventories posted another draw in the week ending 27 December but refined products posted solid gains...

Crude oil futures Tuesday were climbing higher as benchmarks consolidated the late-December rally with four consecutive gains...

US crude and refined oil product deliveries climbed to their highest levels in more than five years over the month in October, EIA figures...

US natural gas futures rowed back from early week highs on Tuesday, but markets remain highly volatile with an Arctic blast set to hit...

Middle East benchmark Dubai extended the solid finish to the year, posting gains for a fourth session, while product margins moved...

Brazilian crude exports hit their highest levels in almost two years last month as demand rebounded strongly, while domestic...

Speculative net length of US crude oil futures widened on the back of continued stock draws and expectations of...

Crude oil futures Monday were climbing higher as both the US and Europe face cold blasts in January, boosting demand for heating fuels...

US natural gas futures rocketed to around fresh two-year highs on Monday as forecasts for Arctic conditions and stellar export demand...

Middle East benchmark Dubai maintained its strong finish to the 2025 as Total showed no signs of slowing up in its latest buying spree...

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

US commercial crude oil inventories registered a drop of over 4 million barrels during the latest reporting cycle...

US distillate stocks continued to fall during the week ending 20 December to a four-week low on the back of the Christmas travel season and...