Crude Oil News

Crude oil futures on Friday were consolidating recent gains as a fresh EU sanctions package on Russia and supply disruptions offset jitters...

Benchmark oil futures were higher Friday in a volatile session, as traders weighed the impact of the EU's latest Russia sanctions...

Thailand's May crude oil imports dropped almost 13% on the month and 4% on the year to their lowest level since November...

Lower oil prices pushed Russia's oil revenues in May to their second-lowest level since the 2022 invasion of Ukraine, a study from the Kyiv...

Chevron will proceed with its $53 billion acquisition of Hess after winning a high-stakes arbitration case against ExxonMobil over...

Middle East crude prices bounced back Friday to end the week on a high, while distillate prices saw a volatile session as the market reacted to...

Middle East crude prices ended the week slightly higher after a positive finish on Friday, as flagship grades largely maintained the holding pattern...

Low-sulphur gasoil (LSGO) jumped Friday after the EU confirmed its 18th sanctions program against Moscow, including a ban...

The European Union approved its 18th sanctions package against Russia on 18 July, adopting a lower and more flexible crude oil price cap...

Slovakia will no longer block the European Union's 18th sanctions package against Russia after receiving assurances from Brussels to ...