Americas Oil Market News

US President-elect Donald Trump has vowed to impose 25% tariffs on all imports from Canada and Mexico, escalating tensions in North...

Crude oil futures Monday were in retreat amid reports that a ceasefire deal between Israel and Hezbollah was gaining traction...

US natural gas opened the week sharply higher amid forecasts for colder weather boosting domestic demand...

OPEC+ will hold its early December ministerial meeting online rather than in person, according to newswire reports citing OPEC sources...

Middle East crude opened the week slightly lower although premiums nudged up, while marine fuel structure has weakened notably as...

The US Treasury Department is scrutinising the relationship between JPMorgan and a hedge fund reportedly part of a network operated...

North American drilling activity registered a modest decrease for a second consecutive week but the overall count continues to flatline...

Money managers made a U-turn in their speculative positions on European diesel futures last week amid a looming supply tightness as cold...

Crude oil prices were higher Friday, solidifying gains after a bumpy week that saw geopolitical tensions in the Russia-Ukraine war...

East of Suez crude markets were higher Friday's as geopolitical tensions boosted prices, while gasoil cracks continued to firm...

ExxonMobil is spending $200 million to boost advanced plastics recycling capacity at its Texas facilities, targeting a global capacity of...

LSEG project heightened volatility in LNG markets through 2025, with prices already at fresh highs for the year amid escalating geopolitical tensions...

US natural gas surged to one-year highs Thursday on a weather-led domestic consumption boost, while the surge in European prices...

Crude oil futures were climbing higher as investors waited on the next move from Moscow, amid heightened geopolitical tensions...

Equinor's CFO expects a relatively tight European gas balance heading into the winter with geopolitical tensions and global competition...

Argentina's domestic fuel sales showed a modest rebound in October 2024, recovering from recent lows but remaining below year-ago levels...

East of Suez crude markets were mostly flat over the previous 24 hours at Thursday's MOC as traders continued to monitor events...

Argentina's state-run oil company YPF is planning to raise $2 billion in financing by mid-2025 to fund the Vaca Muerta Sur pipeline, a key...

The US state of California relies more heavily on foreign oil despite its efforts to curtail hydrocarbon production and consumption...

US distillate stocks were little moved last week as faltering demand met lower output, EIA figures showed Wednesday...