Crude Oil News

Benchmarks were sharply lower on Wednesday as China unveiled an additional 50% tariff to hit US goods on Thursday, while US crude inventories...

Oil futures: Crude oil futures slumped to fresh multi-year lows as the turmoil around global tariffs showed no signs of abating...

South Bow has issued force majeure (FM) notices to shippers on its Keystone crude pipeline which was...

Commercial US crude inventories posted a second weekly gain after the holdings in the critical Cushing...

Kazakhstan lifted crude production to a record 1.79 million bpd in March, overshooting its OPEC+ quota by more than 300,000 bpd and...

India's Reliance has shut at least one crude unit and other secondary units at its massive Jamnagar refinery for around three weeks...

China announced Wednesday it will sharply raise tariffs on US imports, mirroring Washington's latest move and deepening concerns...

Shell has started production at the offshore Dover field in the Guld of Mexico, the UK oil major's US subsidiary...

Benchmark Dubai crude resumed the massive selloff Wednesday as the tariff-led upheaval continued, with gasoline slipping to...

The Caspian Pipeline Consortium (CPC) has restarted operations at one of two loading moorings at Novorossiysk...

Middle distillate inventories in Japan climbed further last week as refiners brought more units back online following peak maintenance...

South Bow estimates that its Keystone crude pipeline which ruptured and sprung a leak in North...

US commercial crude oil stockpiles fell while inventories of fuel stocks were mixed for the week ending...

Crude oil futures Tuesday extended the massive April losses, as benchmarks failed to hold earlier gains as the tariff war showed no signs...

The Panama Canal Authority will launch a bidding process that was approved by its board of directors...

Western Canadian Select (WCS) oil prices briefly weaken after news of the unplanned shutdown of the...

South Bow's Keystone Pipeline, which carries crude from Canada to the US ruptured Tuesday morning...

Benchmark crude oil futures drifted lower on Tuesday as focus remained centred around the mounting trade tensions between the US and

Naftna Industrija Srbije (NIS) disclosed on Monday that it had asked the US Treasury for a formal assurance that non-US firms would...

The Bureau of Ocean Energy Management (BOEM) will be hosting a lease sale this year for oil and gas drilling in the Gulf of Mexico, according...