Americas Oil Market News

ExxonMobil is looking to produce an extra 18,000 bpd of crude oil at its Stabroek block in Guyana pending approval from authorities as...

Crude oil prices in Asia were marginally lower Thursday as markets steadied at lower levels, while the gasoline physical market continued...

Hurricane Milton has swept across Florida's Gulf Coast to make landfall in the early hours of Thursday morning, dealing yet another...

Global investment banking giant Goldman Sachs has warned that a goal to reach net zero emissions by 2050 is becoming...

US natural gas production is expected to grow marginally in 2025, led by increases in associated gas from the...

Crude oil futures Wednesday were sliding lower, but were again subject to significant swings amid headline-driven trading...

US oil production growth is set to moderate in 2025 amid slower growth from the giant Permian Basin although it will still post a record...

US inventories of distillate fuels slumped to their lowest levels in 20 weeks, latest weekly data from the EIA showed Wednesday, as modest...

US commercial crude oil inventories posted an unexpectedly large increase for a second consecutive week amid higher production and...

S gasoline stocks recorded its largest drawdown of 2024 last week as demand surged past 9.6 million bpd in between...

The Energy Information Administration has revised down its forecasts for oil demand for this year and the next, citing refining weakness in...

The share of biofuel consumption in liquid fuel transport was forecasted to rise more than 14% by the end of decade but would still leave...

The war risk premium that crude markets were pricing in last week has started to unwind, with volatility starting to normalise as Israel...

The Energy Information Administration (EIA) expects household heating fuel expenditure in the US to be similar to last year's over the coming...

US crude oil inventories posted a huge build of almost 11 million barrels the week ending 5 October, although product stockpiles were...

Sales of electric vehicles (EV) in the US have accelerated over recent years, figures from the Alternative Fuels Data Centre (AFDC) have shown...

East of Suez crude prices rowed back Wednesday following the broader oil selloff, while a tightening gasoil market pushed cash differentials...

Crude oil futures Tuesday were in sharp retreat from the early-week highs amid uncertainty over Israel's likely response to...

The EIA cut its forecast for crude and oil products prices on Tuesday citing weak global demand...

US crude exports fell to their lowest level in over a year in August as Chinese demand for its barrels slumped to zero, monthly government...