Americas Oil Market News
20 Nov 2024
The International Energy Agency (IEA) has faced sharp criticism from US lawmakers over recent weeks, with Republicans officials expressing...
20 Nov 2024
US commercial crude oil inventories registered a slim weekly build of around 500,000 barrels during the latest reporting cycle...
20 Nov 2024
Crude loadings during the first half of November increased, driven by higher volumes from the Middle East...
20 Nov 2024
North Dakota's oil output inched higher over the month in September but was still down sharply on...
20 Nov 2024
BP has been forced to delay the restart of its 435,000 bpd Whiting refinery in Indiana until the end of November
20 Nov 2024
Middle East crude extended the early week gains amid heightened geopolitical tensions Wednesday, while gasoline margins continued to extend...
20 Nov 2024
US crude oil inventories posted a larger-than-expected build the week ending 15 November, while stockpiles of refined products were lower...
20 Nov 2024
Donald Trump has named Howard Lutnick, CEO of Cantor Fitzgerald, as his pick for US Commerce Secretary, tasking the billionaire with...
19 Nov 2024
Crude oil futures slightly higher as the spike in geopolitical tensions outweighed a production restart at a major North Sea field....
19 Nov 2024
Iran has provisionally agreed to limit stockpiles of near-weapons grade uranium and has made preparations to cap volumes...
19 Nov 2024
Rising water levels and easing sailing restrictions at the Panama Canal pushed bunker fuel sales to 524,549 mt in October, the highest since...
19 Nov 2024
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...
18 Nov 2024
Crude oil futures Monday were sharply higher as benchmarks rebounded from the post-US election lows as risk-on sentiment...
18 Nov 2024
North American drilling activity registered the first movement in nearly a month after flatlining...
18 Nov 2024
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...
18 Nov 2024
Middle East crude opened the week slightly lower as prices remained under pressure, but lower crude prices helped lift gasoil margins...
18 Nov 2024
Money managers continued to increase net long exposure in gasoline futures last week beyond the six-month-high mark, shrugging off...
15 Nov 2024
Crude oil futures were trending lower Friday, with markets heading for weekly declines after struggling to rebound from the losses...
15 Nov 2024
The diesel forward curve in Europe returned to backwardation this week as strengthening demand prospects tightened market outlooks...
15 Nov 2024
Middle East crude prices resumed the downward slide Friday to leave benchmarks lower on the week, but product margins were still...