Crude Oil News

The US Department of Energy (DOE) has awarded an additional 13.4 million barrels of crude...

Crude oil futures in European trading hours Wednesday were heading towards recent seven-year highs of around $89/b, building on...

Quantum Commodity Intelligence – Crude stocks in the US are expected to have fallen last week...

North American crude exports to Asia have undergone a "paradigm shift" in recent years as Indian buyers ramp up purchases...

European distillate markets climbed higher by the Tuesday close but failed to keep up with...

Chevron said Wednesday that drilling has made a comeback in the Permian basin, the top US shale producing region, but in a...

The Biden administration is looking at ways to secure energy for European allies in the event that Moscow drastically cuts oil and gas exports...

Crude futures Tuesday were firmer following the previous session's risk-off day across financial markets, but the energy sector remains torn...

The International Monetary Fund cut its forecast for this year’s global economic growth on...

Total spending by governments, companies and consumers should reach $9.2 trillion per year in order to...

Shell has made a significant oil and gas discovery at an offshore well in Namibia which could spark a wave of investment...

The volume of diesel, gasoline and jet fuel imported into Vietnam could rise sharply later this quarter...

Crude throughout in India fell 3.3% in December compared with a month earlier, according to data...

Asian crude oil prices Tuesday slumped back, playing catchup with global crude benchmarks, while...

ConocoPhillips said that the recent surge in oil prices to multi-year highs will persist, although the company sees...

Japan's Eneos Holdings announced Tuesday the closure of its 127,500 bpd Wakayama refinery in Arida...

Low sulfur gasoil futures fell over 2% at the start of the week as Brent futures corrected...

The revamped Midland WTI American Gulf Coast (Midland WTI AGC) futures contract, which was launched Monday, was off to a slow start with just...

Indonesia is playing an increasingly active role in the shipping and refining crude oil from Venezuela, which is...

Europe and North America are likely to see higher temperatures in February, according to forecast data from...