Americas Oil Market News

Hurricane Milton was set to swell on its path towards the battered US Gulf Coast Tuesday, even as its intensity faded, with the now-Category 4...

Asian oil prices were higher Tuesday as markets caught up with the Brent spike after Asian markets had closed in the previous session...

Gasoline production at Brazil's state-owned oil company Petrobras climbed to fresh highs in the third quarter of this year, latest data...

Crude oil futures opened the week firmer with investors again left on tenterhooks regarding Israel's response...

The global maritime sector looks increasingly in favour of some type of a carbon levy on shipping, but made...

North American drilling activity eased slightly for a third week as oil again led the losses, according to the latest report from oilfield services firm...

East of Suez opened the week on a firm footing as geopolitical tensions continue to dominate, a move that ate into most refined product...

US distillate fuel oil demand is set to rise in the fourth quarter relative to seasonal historical averages, according to the Energy...

Shell became the latest energy major to warn investors of lower Q3 refining margins as a selloff in global product prices weighed on...

Heightened political tension in the Middle East reignited expectations crude oil supply from the region could face serious disruption...

Saudi Aramco has hiked the OSP for its flagship Arab Light crude loading in November, reflecting the firm rebound in spot...

Oil futures Friday were climbing higher as crude benchmarks extended the week's gains to 10% amid a spike in geopolitical tension and...

US natural gas prices consolidated at close to three-month highs during the week ending 4 October, as lower production...

The gasoil supply overhang in Asia is expected to show signs of easing on the back of better appetite from Europe as supplies from the...

East of Suez crude extended the weekly rally to over 8%, catching up with the Brent gains after Asian had closed on Thursday, while also...

ExxonMobil expects lower oil prices and a drop in refinery margins to hit third quarter earnings by up to $2 billion...

Oil production retreated nearly 4000,000 bpd during September, primarily due to the widespread field closures across Libya...

Brent crude futures surged past the $77/b mark as investors waited for Israel's next move in the heightened Middle East conflict...

The United Arab Emirates will invest $23 billion in low-carbon hydrogen and ammonia over the next five years as part of its strategy...

Middle East crude prices eased back but remain close to one-month highs, while a boost to higher light end stocks in Singapore weighed...