Americas Oil Market News

Money managers temporarily shrugged off global demand growth concerns and shifted focus to supply risks in the Middle East and the...

OPEC+ is likely to go ahead with planned production increases from October, according to a Reuters report...

Crude oil futures Friday came under heavy selling pressure following reports that OPEC+ was set to go ahead with planned...

Strength in the marine fuel oil market persisted  through the week as tight supply in Singapore looked likely to persist, while the high...

The average price for Middle East Dubai retreated sharply in August versus the previous month, as concerns over...

Gasoline refining margins tumbled while structure crunched this week as traders focussed on the impending shift to the cheaper...

Brazil's crude output fell 5% on the month in July to touch its lowest levels since April as production continued to struggle to push back to...

Middle East crude prices rebounded Friday as Dubai closed out the month on a firmer footing, while the selloff in gasoline and middle...

It was another bearish week across the global middle distillate complex with margins in both east and west of Suez retreating to the lowest point last seen in...

Crude oil futures were climbing higher on renewed supply concerns Thursday as benchmarks recovered following two days of losses...

A salvage operation is expected to get underway in a bid to avert a major environmental disaster in the Red Sea...

Middle East crude prices were in retreat again Thursday while Dubai also lost ground against Brent heading into the expiry, while gasoline...

Crude oil futures Wednesday were in retreat, with markets so far this week torn between conflicting pricing signals....

US gasoline stocks hit a nine-month low last week as output hit a six-week low while demand picked back up at the end of the summer...

US commercial crude oil stocks extended the summer trend of lower stockpiles, posting an eighth draw in the last nine weeks...

US distillate inventories continued to rise last week as refinery run rates hit a two-month high, with stocks of jet fuel hitting a 14-year high...

A yawning east-west spread in the marine fuel market continued to widen during Wednesday's session, with rallying prices in Singapore...

Profits at oil trader Gunvor slipped 48% in the first half of the year as oil market volatility waned, with trade adapting to geopolitical...

ExxonMobil is looking to divest some of its conventional oil and gas fields in the Permian Basin, with the sales potentially raising...

Middle East crude prices rowed back Wednesday as markets struggled to hold early-week gains, and gasoline margins dived to an 11-month...