Crude Oil News
4h ago
Crude recovered some lost ground on Friday but ended the week lower as OPEC+ production cuts...
8h ago
Asian crude prices Friday were sharply lower after global oil markets slumped following the OPEC+ meeting, while the start of a new month...
8h ago
Crude oil futures Friday were drifting lower as markets tested lower levels after the fallout from the...
9h ago
An end-week selloff saw Asian crude prices decline for a fifth week out of the last six, as the latest round of OPEC+ cuts...
10h ago
otalEnergies has agreed to sell its 36.36% minority stake in the South African Natref refinery to UK energy firm Prax...
11h ago
US production of crude and NGLs came in at just shy of 20 million bpd in September, the latest EIA monthly
11h ago
The US Department of Energy (DOE) has booked 2.73 million barrels of crude oil via a tender that closed last month, securing further stocks...
14h ago
OPEC+ members have declared voluntary cuts following Thursday’s meeting, with additional reductions totaling around 900,000 bpd...
14h ago
Commercial stocks of refined oil products in China slumped to the lowest level in two months after...
30 Nov 2023
Crude oil futures Thursday were sharply lower despite OPEC+ seemingly agreeing to deeper cuts next year for next year after reaching a last-minute deal...
30 Nov 2023
Crude futures slumped in late trade on Thursday with the market seemingly unconvinced by the depth of production...
30 Nov 2023
The average price for benchmark Middle East Dubai was lower in November for a second month, although most of the losses were racked up...
30 Nov 2023
OPEC+ reached a last-minute agreement Thursday to further reduce output from January, with Saudi Arabia maintaining its voluntary cut...
30 Nov 2023
The Caspian Pipeline Consortium (CPC) resumed loadings at the Black Sea terminal of Novorossiysk on Thursday...
30 Nov 2023
Asian crude prices Thursday were sharply up as prices raced to a three-week high ahead of the OPEC+ meeting, while the drop in marine fuel...
30 Nov 2023
Operations are being restored at Imperial Oil’s 120,000 bpd Sarnia refinery after a power outage...
30 Nov 2023
Norway’s Equinor has agreed to sell its Nigerian business, including its share in the Agbami oil field...
30 Nov 2023
UK gasoline stocks rose to a six-month high in September as exports slowed and imports picked up and despite deliveries jumping to pre-Covid levels as they overtook...
30 Nov 2023
Dwindling domestic demand and increased competition from more advanced competitors is bad news...
29 Nov 2023
Crude futures were flat on Wednesday with OPEC+ talks still deadlocked on the eve of an important ministerial meeting...