Americas Oil Market News

Middle East crude prices resumed the downward slide Friday to leave benchmarks lower on the week, but product margins were still...

The Panama Canal Authority could build an oil pipeline to facilitate shipments of the flagship US crude WTI...

Crude oil futures Thursday were little changed for a third session, as fears over sluggish demand growth and a soaring dollar...

US gasoline stocks recorded a surprise, sharp draw last week as both domestic demand and exports jumped over the period...

US commercial crude oil inventories posted a second weekly draw of more than 2 million barrels...

US distillate stocks shrunk last week as surging demand met lower output, EIA figures showed Thursday....

The US government's Energy Information Administration (EIA) latest Short-Term Energy Outlook report has forecasted a steady...

The CEO of Occidental Petroleum has welcomed Donald Trump's election victory but gave a measured outlook on further US...

Middle East crude posted marginal gains for a second session Thursday but markets continued to struggle around yearly lows, a move that...

US crude oil inventories posted an unexpected draw, while stockpiles of refined products came in mixed...

Global natural gas benchmarks were trading close to 2024 highs Wednesday, as the first cold snaps of the northern hemisphere winter moved in...

The EIA raised its outlook for 2024 oil demand growth on Wednesday, with India emerging as the main driver of consumption...

Houston-based Coterra Energy has agreed to buy for $3.95 billion the Permian Basin assets of two other companies...

Canada's Suncor Energy reported better-than-expected third quarter results Wednesday on soaring oil output...

Crude oil futures Wednesday were moving sideways for a second session after benchmarks looked to find a support floor...

Argentinian's GeoPark Limited is producing 4,000 bpd of oil from its recent entry into the Vaca Muerta unconventional shale formation...

Aemetis said it expects the Californian government to approve year-round sales of E15 gasoline next year, spurring more than 600...

Middle East crude prices were steady Wednesday as markets looked to have found some support following three consecutive losses, while...

Operators in the Gulf of Mexico have quickly ramped up oil and gas production following last week's precautionary shutdowns...

Crude oil futures Tuesday were nudging higher as benchmarks steadied after surrendering over 5% of value during...