Americas Oil Market News

1 Nov 2024
US oil demand fell marginally lower in August as travel demand cooled from its seasonal summer peak, EIA figures showed Thursday...
1 Nov 2024
Diesel paper curve in Europe has flipped back into a backwardation this week amid a sharp stock draw at the ARA storage hub while the poor...
1 Nov 2024
Middle East crude markets opened the new month higher as the risk premium returned, while jet fuel supply tightness in Asia saw prices...
31 Oct 2024
US crude output rose almost 2% last month to hit a record high of 13.4 million bpd, monthly supply and demand figures from Energy...
31 Oct 2024
Crude oil futures Thursday were climbing higher, as benchmarks extended the price rebound in place since...
31 Oct 2024
Shell enjoyed a much better-than-expected set of Q3 earnings as its booming, outsized LNG business offset lower oil refining returns...
31 Oct 2024
Global demand for air travel hit the highest level on record for September after the peak summer season passed in the northern hemisphere...
31 Oct 2024
Brazil's crude oil exports remained subdued through September as lower output limited availability, with more production likely...
31 Oct 2024
US refiner PBF Energy has responded to criticism from Californian lawmakers that have accused the company and its peers of ripping off...
31 Oct 2024
Repsol is already seeing a recovery in refinery margins after a difficult third quarter, which saw profits halved from the same time last year..
31 Oct 2024
Australian oil producer Karoon Energy said October 2024 production at its recently acquired Who Dat oil and gas development...
31 Oct 2024
OPEC+ is considering a further delay to scheduled planned production increases according to Reuters, while the broader market is split...
31 Oct 2024
Asia commentary and pricing are suspended Thursday due to a Singapore holiday. A normal publishing schedule will resume 1 November...
30 Oct 2024
The US imported a record 4.3 million bpd of Canadian crude in July after the Trans Mountain pipeline completed its expansion...
30 Oct 2024
Crude oil futures Wednesday staged a healthy rebound, as benchmarks found some support from speculation on OPEC+ policy...
30 Oct 2024
US distillates stocks continued to fall last week, weekly EIA data showed Wednesday, reaching their lowest levels of the year as refinery output...
30 Oct 2024
US gasoline inventories fell back to new two-year lows last week as demand topped 9 million bpd again after a volatile few weeks...
30 Oct 2024
US commercial crude oil inventories posted an unexpected draw despite domestic production holding close to record levels...
30 Oct 2024
The US' largest refined products pipeline system, Colonial Pipeline, could be up for sale in a deal that would value the company and its...
30 Oct 2024
US natural gas giant EQT has sold its remaining non-operated natural gas assets in Northeast Pennsylvania to Norway's Equinor...
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