Crude Oil News

Distillate cracks surged to fresh highs for the year, leading the European oil complex, after low sulfur gasoil futures gained a $1/b more than Brent....

The US oil rig count jumped by 12 this week to 445, while the gas count fell 1 to 98, showed data from Baker Hughes Friday.

Norway's crude oil and natural gas exports fell slightly in September, but the value of gas exports was at an all-time high...

Middle East crude oil markets increased over the week ending October 15, a fifth consecutive weekly gain, as concerns over a winter

Crude oil futures in European trading hours Friday maintained the upwards momentum, shrugging off the build in US crude inventories to focus on the demand side...

Australian total oil imports in August fell for a second straight month to its second lowest...

The highly-anticipated final batch of Chinese crude import quotas for independent refiners, referred to as teapots, have been allocated...

QatarEnergy has awarded its monthly Al Shaheen tender for December at sharply higher premiums ranging from around Dubai...

Russian light sweet Sokol crude for December has traded at the highest premiums since last February, as distillate-rich grades in Asia-Pacific...

Russia could restart spot gas sales to Europe in November if domestic restocking is completed, said Deputy Prime Minister...

Quantum Commodity Intelligence – Middle East crude rallied to fresh three-year highs Friday, gaining...

South Korea's crude imports ticked higher in September, with flows from OPEC producers gaining while purchases from...

Oil and base metals such as aluminium and copper could enter a bull market "before year-end", boosted by shortages in coal, natural gas and other one-off factors...

Gasoline stocks in ARA fell for a second straight week to their lowest level since early...

Royal Dutch Shell appointed Wael Sawan as its new director of Integrated Gas and Renewable...

Gasoline and distillate prices and cracks continued to rise more than Brent after the US Energy Information Administration report...

The 6.1 million-barrel build in US crude stocks last week is the third in a row and the largest since March..

Russia will continue to increase its oil and gas condensate output this month under the terms of its rising OPEC+ production...

US gasoline stocks fell 2 million barrels last week to 223 million barrels, said the Energy Information Administration Wednesday...

OECD commercial crude and oil product stocks fell in August to 2,824 mb, their lowest level since March 2015, as oil demand continued to rise...