Americas Oil Market News

Brent futures Wednesday rowed back from highs of around the $75/b mark, after the initial boost from China's stimulus package ran its course...

US inventories of distillate fuels shrank to a three-week low, latest weekly data...

US commercial crude oil inventories posted a 11th draw in the past 13 weeks as stockpiles sunk to a fresh lows...

US gasoline stocks fell last week as demand rebounded after Hurricane Francine, while supply was still impacted by the category 2 storm...

Gastech 2024 saw a plethora of new dry gas and LNG deals between countries, and it became clear that the global energy landscape is evolving to...

Brazil's Ministry of Mines and Energy has called for more investment in both its upstream and downstream oil sectors...

Middle East crude markets edged up Wednesday as geopolitical tensions and China's stimulus package helped to consolidate gains...

US crude oil inventories posted a steeper-than-expected draw for the week ending 20 September, while product stockpiles...

Operators in the Gulf of Mexico have started precautionary evacuations of rigs and production shutdowns as Storm Helene...

Crude oil futures Tuesday were climbing higher, underpinned by the escalation in Middle East hostilities and the latest stimulus package...

US natural gas prices steadied Tuesday after posting three-month highs this week, with a second Gulf of Mexico storm of the month...

The US remains the world's largest exporter of motor gasoline, latest figures from the Energy Information Administration (EIA) showed...

The US Federal Trade Commission (FTC) is expected to approve Chevron's multi-billion takeover of Hess this week

Middle East crude markets moved higher Tuesday on geopolitical tensions and China's stimulus package, while naphtha timespread pointed to a...

US state California is suing ExxonMobil over its alleged role in plastics pollution, claiming the company pushed increased demand by...

Crude oil futures Monday were little changed after consolidating the previous-week's solid gains of 4-5%...

US natural gas prices surged to three-month highs as a second storm of the month was expected to move into the Gulf of Mexico this week...

Argentina's road fuel sales were back under downward pressure last month as a rising prices continue to temper downstream demand...

This year's weak US natural gas prices have dented the profitability and cash flows of major drillers...

Middle East crude opened the week steady as global oil markets largely consolidated gains after last week's Fed rate cut, while weakness...