Americas Oil Market News

US oil and gas giant Chevron will slash investment in the Permian Basin to between $4.5 billion and $5 billion in 2025, reducing capital expenditure...

Crude oil futures were were little changed with the OPEC+ decision to delay planned output increases seen as only moderately supportive...

OPEC+ will maintain current production quotas for at least another full quarter, the OPEC secretariat said in a statement...

East of Suez prices were lower Thursday, tracking the Brent retreat after Asia had closed during the previous session, ***...

Deliveries of WTI Midland rebounded in the Platts MOC Dated Brent window rebounded during November, setting North Sea benchmark...

Crude oil futures Wednesday were steady as benchmarks consolidated early week gains on growing expectations that OPEC+

US distillates stocks recorded their steepest weekly build in five months last week as diesel production hit fresh five-year highs while demand...

US gasoline stocks climbed for the third straight week as US Gulf Coast refineries ran more crude than at any point in almost six years

US commercial crude oil inventories registered a larger-than-expected draw of over 5 million barrels during the latest reporting cycle...

Washington has confirmed the latest round of sanctions targeting on 35 entities and vessels that it believes play a critical role in transporting...

Spain's imports of Venezuelan crude oil surged to their highest levels in two decades, official data showed Wednesday, as unwinding US sanctions...

Oil production from the 12 core OPEC members increased during November as the continued recovery in Libyan output offset...

East of Suez prices were higher Wednesday as markets caught up with the Brent spike after Asia had closed in Tuesday's session, while the strength was also seen in the...

US crude oil inventories posted the week ending 29 November, while stockpiles of gasoline posted a sharp gain...

Middle East crude were little changed Tuesday as prices moved sideways ahead of the OPEC+ meeting, but jet fuel cracks continued to...

Crude oil futures Tuesday were nudging higher, although benchmarks have largely entered into a holding pattern...

A record number of passengers were recorded at US airports over the Thanksgiving Day weekend, according to the Transportation Security...

Crude oil output in the Canadian province of Alberta rebounded strongly in October, official data showed Tuesday...

Any retalitory tariffs from China on US imports would have a serious damage on Chinese petrochemcial crackers that heavily reliant on cheap...

Crude oil output from core OPEC members increased by 120,000 bpd in November after Libya returned to full capacity, offsetting a reduction...