Americas Oil Market News

European natural gas prices were pushing 2024 highs Tuesday as the first cold snap of winter moves into northern Europe...

OPEC has trimmed its forecast for global oil demand in 2024 for a fourth consecutive month, as tepid growth from China continued to drag...

OPEC and its allies increased oil production by a modest 30,000 bpd in October, as a sharp rise in Libyan output was largely offset by cuts...

Middle East crude extended losses  as cash differentials also continued to slide, a move that offered a boost to margins at the bottom...

An appeals court in the Netherlands has overturned a 2021 ruling that compelled...

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

The naphtha reformer at Venezuela's 310,000 bpd Cardon refinery has been shut down for maintenance after breaking down last...

Crude oil futures Monday were sharply lower as benchmarks extended losses following Friday's sharp selloff...

US natural gas prices opened the week sharply higher, as temperatures took a sharp downturn after a mild first decade...

The Texas state agency that regulates oil and gas activity issued nearly 650 original drilling permits in October...

The US DOE has awarded tenders for the purchase of 2.4 million barrels of US-origin crude for delivery into its SPR...

California regulators voted 12-2 last Friday to implement significant updates to the state's Low Carbon Fuel Standard (LCFS) in an...

Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...

Operators in the Gulf of Mexico increased precautionary shutdowns as Hurricane Rafael moved into the Gulf at the tail end of last week...

North American drilling activity was unchanged for a third week as both the oil and gas count flatlined...

Speculative net length in crude oil futures spiked higher last week following Donald Trump's election victory and a further delay in the OPEC+...

Crude oil futures Friday were drifting lower as the threat to US oil fields from Hurricane Rafael faded, limiting weekly gains to around 2%...

International Airlines Group (IAG) delivered a strong performance over the third quarter, financial results showed Friday, as robust summer...

The acute tightness seen across the marine fuel and high sulfur fuel oil markets in recent weeks showed signs of easing last week as...

Middle East crude prices were marginally lower Friday as benchmarks posted slim weekly gains of under 0.5%, while refined product cracks...