Crude Oil News

Canada's Suncor Energy started planned work Tuesday at its 137,000 bpd Montreal refinery on Tuesday...

Washington is set to hold "direct talks" with Iran over a possible nuclear deal this coming weekend, according to US officials and media reports...

Austria's OMV warned investors that diminishing upstream sales volumes in the first quarter may water down the effects of rising European...

Benchmark Dubai crude edged up from four-year lows but oil prices remain highly volatile, while product cracks have remained relatively...

The oil market is at serious risk of oversupply in the coming months if OPEC+ sticks to next month's higher-than-expected output hike...

Marathon Petroleum reported flaring during essential works at its LA refinery late Monday expected to run until the end of the...

Oil production from the 12 core OPEC members eased slightly during March, led by modest drops from Iran, Venezuela and Nigeria...

Goldman Sachs expects Brent crude oil to fall below $60/b by the end of this year if the US economy goes into recession and OPEC+ sticks to its...

The US Energy Information Administration (EIA) has delayed the release of its monthly supply and demand report, citing the need to...

Chinese tariffs on US goods will likely drive crude oil flows between the two countries to zero, as the world's biggest importer has ample...

Crude oil futures opened the week lower as concerns over tariffs and the prospect of a global recession sent benchmarks tumbling to...

Texas' crude oil production in March averaged 5.6 million bpd, a slight dip from the previous month but 200,000 bpd or 4% more than one year ago...

Flows along the recently expanded Trans Mountain pipeline (TMPL) system are expected to grow in the years...

Benchmark crude oil futures extended losses on Monday as markets continued to monitor the implications of escalating trade tensions on...

Kazakhstan will be under renewed scrutiny when it publishes March oil production figures next week after months of breaching OPEC+...

Refined oil product demand in India fell in March, official data showed on Monday, as a modest rise in gasoline and naphtha consumption...

A Russian official has described the global economic situation as "very tense" following the latest round of US tariffs and subsequent slump...

Crude's three-day selloff is tightening margins across the oil sector, with US shale producers and refiners facing growing pressure as...

Benchmark Dubai crude slumped to a near four-year low Monday, as the threat to global trade caused by US tariffs and OPEC+ plans to pump...

Saudi Aramco has slashed the OSP for its flagship Arab Light crude loading in May, reflecting the sharply lower spot premiums ...