Americas Oil Market News
28 Aug 2024
The Brent/Dubai EFS, a key metric in comparing Dubai-related crude oil versus grades pricing against the North Sea Brent benchmark, surged...
28 Aug 2024
US crude oil inventories posted a slightly larger-than-expected draw for the week ending 23 August, while stockpiles of refined products...
27 Aug 2024
Crude oil futures were sliding lower Tuesday, having initially consolidated the strong gains posted...
27 Aug 2024
US natural gas prices tumbled below the psychologically-important $2/mmBtu for the second time this month...
27 Aug 2024
The US Department of Energy (DOE) said Monday it was looking to secure another 3.6 million barrels of US-origin sour crude oil delivered...
27 Aug 2024
Middle East crude prices posted a third consecutive gain Tuesday, a move that ate further into already weak middle distillate...
27 Aug 2024
Goldman has revised downwards its oil price forecasts for this year and next by $5/b, citing slowing demand growth, relatively high...
26 Aug 2024
Crude oil futures Monday were sharply higher, as fears over an escalation in the Middle East conflict...
26 Aug 2024
Mexico's refined oil products demand and production was up in July at the peak of summer demand, although domestic crude will...
26 Aug 2024
Brazilian refiners dialled back refined oil product output in July as poor margins saw producers turning away from gasoline and diesel and...
26 Aug 2024
Middle East crude prices Monday posted a second session of solid gains, a move that left much of the refined products market looking...
26 Aug 2024
North American drilling activity eased marginally last week despite producers increasing the number of rigs operating in the Permian Basin...
26 Aug 2024
The US Department of Energy has awarded the tender for a second batch of 2025-delivery crude into the SPR...
26 Aug 2024
Specs net short positions of benchmark diesel futures jumped last week as investors priced in rising concerns of a potential slowdown...
23 Aug 2024
Crude oil futures Friday were climbing higher after markets found a floor in the previous session, posting consecutive gains of...
23 Aug 2024
US natural gas prices surrendered most of the mid-month gains the week ending 23 August, amid a larger-than-expected build in stocks...
23 Aug 2024
The European gasoline market hit a fresh low this week amid waning summer demand and limited export options which has pressured...
23 Aug 2024
The spread between marine fuel and high sulfur fuel oil continued to widen in Singapore this week as an acute supply shortage persisted...
23 Aug 2024
Middle East crude prices rebounded Friday amid the broader risk-on sentiment returning to the market, while short-term bullishness in the...
22 Aug 2024
Crude oil futures Thursday finally showed some positive momentum after a week's worth of losses, finding cautious support...