Americas Oil Market News

Global refinery margins sank to their lowest seasonal level since the Covid pandemic last month, according to the EIA...

Crude oil futures were sharply lower amid reports that Israel will not target Iran's oil infrastructure, easing fears over the potential for...

Service stations across Florida resumed operations Monday, loosening the grip of severe fuel shortages that the state has grappled with...

Panama's bunker fuel sales dropped 3% in September from their August highs, slipping to 14,300 mt per day through the month...

Israel will not target Iran's oil and nuclear installations, instead focussing on military and strategic targets...

Middle East crude extended the early week losses Tuesday amid an eroding geopolitical risk premium while winter demand for kerosene...

California Governor Gavin Newsom singed legislation Monday that could force the state's dwindling number of refiners to hold...

Speculators continued to buy back long positions in the crude futures market last week as attention increasingly fixated on unfolding political...

Crude oil futures Monday were in retreat as Israel continued to defer its planned attack on Iran, while concerns over demand from China...

OPEC has once again cut its forecast for global oil demand Monday, marking the group's third consecutive downward revision to their outlook...

Middle East crude opened the week lower as Israel continued to hold off on an expected strike against Iran, while demand in the gasoline...

North American drilling activity was marginally higher to halt a three-week run of declines, according to the latest report from oilfield...

Pemex's Deer Park refinery in Texas was running at reduced runs over the weekend as US officials launched an investigation...

Crude oil futures Friday were slightly lower, but heading for a second week of gains as geopolitical tensions...

In a week where crude volatility kept most of the refined products space relatively subdued, fuel oil proved to be something of an outlier as...

OPEC and its allies cut oil production by 500,000 bpd in September, but largely as a result of the temporary shutdowns in Libya...

Distillates broadly tracked crude higher this week as strong European appetite coincided with the seasonal uptick in agricultural activity in the US...

Crude oil prices in Asia were higher as concerns over potential supply disruptions underpinned the broader oil recovery, while the inverted...

BP has added its name to the list of refiners telling investors to expect lower-than-expected returns this quarter, pointing to a weaker...

Crude oil futures on Thursday were sharply higher, as markets remained on edge over Israel's anticipated military strike against Iran...