Americas Oil Market News

Crude oil futures Wednesday were steady as the escalating geopolitical situation around Russia continued to dominate sentiment, underpinning...

The International Energy Agency (IEA) has faced sharp criticism from US lawmakers over recent weeks, with Republicans officials expressing...

US commercial crude oil inventories registered a slim weekly build of around 500,000 barrels during the latest reporting cycle...

Crude loadings during the first half of November increased, driven by higher volumes from the Middle East...

North Dakota's oil output inched higher over the month in September but was still down sharply on...

BP has been forced to delay the restart of its 435,000 bpd Whiting refinery in Indiana until the end of November

Middle East crude extended the early week gains amid heightened geopolitical tensions Wednesday, while gasoline margins continued to extend...

US crude oil inventories posted a larger-than-expected build the week ending 15 November, while stockpiles of refined products were lower...

Donald Trump has named Howard Lutnick, CEO of Cantor Fitzgerald, as his pick for US Commerce Secretary, tasking the billionaire with...

Crude oil futures slightly higher as the spike in geopolitical tensions outweighed a production restart at a major North Sea field....

Iran has provisionally agreed to limit stockpiles of near-weapons grade uranium and has made preparations to cap volumes...

Rising water levels and easing sailing restrictions at the Panama Canal pushed bunker fuel sales to 524,549 mt in October, the highest since...

Middle East crude prices rebounded from 2024 lows Tuesday while the diesel market arb hit its widest level in a month on the back of...

Crude oil futures Monday were sharply higher as benchmarks rebounded from the post-US election lows as risk-on sentiment...

North American drilling activity registered the first movement in nearly a month after flatlining...

Goldman Sachs expects oil prices to average $76/b in 2025 as bearish fundamentals weigh on short-term risks to supply under the new Trump...

Middle East crude opened the week slightly lower as prices remained under pressure, but lower crude prices helped lift gasoil margins...

Money managers continued to increase net long exposure in gasoline futures last week beyond the six-month-high mark, shrugging off...

Crude oil futures were trending lower Friday, with markets heading for weekly declines after struggling to rebound from the losses...

The diesel forward curve in Europe returned to backwardation this week as strengthening demand prospects tightened market outlooks...