Americas Oil Market News

Canada's Suncor Energy will shut its 137,000 bpd Montreal refinery on 7 October for planned maintenance...

OPEC's crude output in September tumbled nearly 500,000 bpd after the slump in Libyan output, but Iraq continued to pump way above...

US commercial crude oil inventories posted an unexpected increase for only the eleventh build in the past 14 weeks as stockpiles climbed...

Crude oil futures rowed back from the session's one-month highs which followed Iran's missile attack on Israel, but markets remained on edge...

US inventories of distillate fuels slumped to their lowest levels in 13 weeks, latest weekly data from the Energy Information Administration (EIA)...

US gasoline stocks rebounded last week as demand slumped nearly 700,000 bpd in between two hurricanes...

The OPEC+ Joint Ministerial Monitoring Committee (JMMC) concluded its 2 October meeting but again focusing on compliance levels...

Saudi Arabia's energy minister sent a warning shot to OPEC+ coalition members that have been persistently producing above quota...

The OPEC+ producer group is performing a noble job in balancing oil markets and managing price stability, UAE Energy Minister...

East-of-Suez crude prices soared by more than 6% in response to Iran's missile strikes against Israel, with the sharp rally extending...

Crude oil output in the Canadian province of Alberta reached its highest level so far this year in August...

US crude oil inventories posted a further draw for the week ending 27 September, while product stockpiles were mixed...

Crude oil futures surged higher on the deteriorating geopolitical situation in the Middle East, sparking fears a major expansion in...

A meeting scheduled for Wednesday by members of an OPEC+ technical committee is not expected to make any recommendation...

Middle East crude opened the new trading month lower as faltering demand growth offset political tensions in the region, a move that also pulled margins for...

The US Department of Energy (DOE) has awarded tenders for the purchase of 6 million barrels of US-origin sour crude...

Crude oil futures opened the week on a firmer footing following an escalation in Middle East geopolitics...

The US Federal Trade Commission (FTC) has approved Chevron's multi-billion takeover of upstream producer Hess...

Around 45,000 union workers at seaports on the US East and Gulf Coasts are set to down tools having reached an injunction over pay...

US crude output eased in July as Beryl slammed into Texas as the first of three hurricanes to make landfall so far this year...