Americas Oil Market News

Falling demand for fuel in Argentina bottomed out to see a recovery in July, with gasoline and gasoil sales on the rise along with a big spike...

Middle East crude resumed the month's downward trend Thursday with prices sliding back towards yearly lows, while gasoil prices were...

Proman has bunkered a total of 12,500 mt of methanol over the past year at its production site in Trinidad...

US oil production will reach a fresh annual average record of 13.7 million bpd in 2025, led by further growth from the giant Permian Basin...

Oil futures Wednesday were floundering again, as crude prices extended the bear run that had wiped around $5/b...

Demand for newbuild tankers has hit its highest level since 2006, with 194 product carriers on order in the first half of the year...

US commercial crude oil returned to the summer trend of lower stockpiles, posting a seventh draw in the last eight weeks...

US middle distillate stocks were on the slide last week as demand continued to pick up at home and overseas, with weekly figures from...

US gasoline inventories fell to a fresh 2024-low last week as cheap fuel prices help stimulate demand...

Australian energy producer Santos said Wednesday that several key projects are close to completion, which will start to lift production...

Middle East crude registered gains for the first time in four sessions Wednesday, while gasoil cracks bounced from 15-month lows....

PBF Energy has begun maintenance at its 160,000 Torrance refinery in California...

US crude oil inventories posted an unexpected build for the week ending 16 August, although stockpiles of refined products...

Crude oil futures under further downwards pressure Tuesday after a choppy that saw benchmarks unable to hold earlier gains....

The planned nationwide rail strike in Canada is expected to have only a minimal impact on crude oil transits, with this year's opening of the...

Refinery margins for European gasoline, diesel and jet fuel have all slumped to multi-month lows this week as a broadly soft summer...

Middle East crude markets continued to slide Tuesday, while gasoil margins continued to come off amid global weakness as they hit a...

Independent US fracker APA Corp is the latest company considering disposing of resources in the Permian Basin, cashing in on...

Crude oil futures opened the week lower after Hamas officially rejected the latest ceasefire proposal, although talks will continue...

Asian gasoil margins slipped to their lowest levels since April during trade at the start of the week as Singapore benchmarks followed a Friday...