Americas Oil Market News
25 Oct 2024
Middle East oil crude prices were lower with markets catching up with the Brent retreat after Asia had closed in the previous session, while diesel in Asia is...
24 Oct 2024
Lower global refinery utilisation rates and expectations of demand growth out to the year-end should start to boost struggling cracks...
24 Oct 2024
Crude oil futures Thursday were nudging higher, cementing the week's gains as geopolitical tensions continued to underpin...
24 Oct 2024
US investment bank JPMorgan is looking at a return to physical LNG after exiting the market a decade ago...
24 Oct 2024
East of Suez crude markets extended the week's firmer tone as benchmark Dubai posted the highest price since mid-month, while...
24 Oct 2024
Marathon Petroleum was heard restarting at least two units at its 631,000 bpd Galveston Bay refinery...
23 Oct 2024
US distillate stocks fell to fresh lows last week as increasing use in power generation over the days that followed Hurricane Milton continued to outpace...
23 Oct 2024
US gasoline stocks rebounded from two year lows last week, as higher domestic output outpaced firmer demand...
23 Oct 2024
US commercial crude oil inventories posted an larger-than-expected build as domestic production held at record levels...
23 Oct 2024
East of Suez crude markets were higher Friday as benchmark Dubai posted the biggest daily gain in three weeks, while the fuel oil market...
23 Oct 2024
Crude oil futures Wednesday were in retreat, but managed to hold on to most of the back-to-back daily increases of 2%...
23 Oct 2024
Argentina's road fuel demand fell to its lowest level in over three years last month as a big drop in diesel demand was joined by lower...
23 Oct 2024
Goldman Sachs has maintained its average price outlook for Brent crude futures at $76/b during 2025...
23 Oct 2024
US crude oil inventories posted a larger-than-expected build, although this was offset by a draw in product stockpiles...
23 Oct 2024
Brokerage BGC has bought rival OTC, the owner of Oil Brokerage, in a deal that has seen the wave of deals between cash-rich brokerages in the...
22 Oct 2024
Crude oil futures were higher, having overturned earlier losses as focus stayed on the Middle East...
22 Oct 2024
US natural gas prices have found limited support during the early part of the week but front-line futures are still down by around 20% since...
22 Oct 2024
East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...
22 Oct 2024
Canadian crude shipped to the US via pipeline sank to a one-year low in August, official data showed Tuesday...
21 Oct 2024
Crude oil futures opened the week slightly firmer as benchmarks recovered following last week's partial unwinding of the geopolitical premium...