Americas Oil Market News

Crude oil futures Tuesday were slightly lower as markets struggled to hold the previous session's late gains...

President Donald Trump is looking to revive the Keystone XL crude project and get it built if not by the ...

The US wants to impose new fees and take other actions on Chinese players in the global maritime, logistics...

The LOCAP crude oil pipeline system halted operations Monday after receipt issues at its St. James...

Brazil's refined oil products output dropped to its lowest levels in eight months in January as a big drop off in diesel output was seen amid...

Middle East crude rebounded after the US announced a new round of sanctions aimed at Iran, while the diesel EFS widened further...

Middle East crude opened the week lower as prices caught up with the pre-weekend Brent selloff after Asia had closed, with the move help...

Energy consultancy Wood Mackenzie expects Brent prices to average at just below current levels this year, as new production...

Kosmos Energy sees less output from its E&P operations in the Gulf of Mexico (GOM) in 1Q compared...

Shell shut early Monday its Zydeco pipeline system's tank farm in Houma, Louisiana to investigate...

Crude oil futures opened the week little changed as markets steadied following Friday's selloff that wiped out the week's gains...

Platts has no plans to make further changes to its Dated Brent methodology, with the industry satisfied that the major upgrades...

Weekly US drilling activity increased for a fourth consecutive week lifting the count to an eight-month high...

Goldman Sachs expects US crude output to rise only slightly despite Donald Trump's threat of import tariffs as domestic refiners will...

Optimism around peace talks ending Russia's war in Ukraine triggered an exodus of bullish speculators in the crude oil futures market...

Oil majors Shell and ConocoPhillips have agreed to a $735 million deal in which the former will assume 8,000 bpd of offshore US...

The US Environmental Protection Agency is considering 13 previously denied small refinery exemptions under the Renewable Fuel Standard...

Crude oil futures Friday were sharply lower as a pre-weekend selloff largely eroded the gains from four consecutive increases...

Short-term strength in the European gasoline market started to give up some of its recent gains, while a seasonal uptick in Asian...

Diesel margins soared to fresh heights in West of Suez markets this week as surging demand compounded supply concerns to tighten market...