Crude Oil News

1 Nov 2021
Kuwait has added its voice in supporting OPEC+ maintaining its current plan of monthly increases of 400,000 barrels...
1 Nov 2021
Funds booked profits in both Brent and WTI last week amid the rally in prices, the Commitment of Traders Report for ICE and CME showed...
1 Nov 2021
Turkey's Q3 crude oil imports were at the highest quarterly average on record, amid continued healthy...
1 Nov 2021
Argentine gasoline sales hit a record high for the month on a rebound in economy...
1 Nov 2021
China is set to release strategic stocks of gasoline and diesel in a bid to ease some of the country's current shortages and to stabilise prices...
1 Nov 2021
Saudi Aramco posted a 158% increase in third quarter net income to $30.4 billion, primarily on soaring oil prices as economies open and oil demand...
29 Oct 2021
Brent was ticking higher late afternoon compared to Thursday, despite another plunge in natural gas prices...
29 Oct 2021
The US added 1 active oil rig last week to take the total to 444, as well as 1 gas rig for a total of 100, according to data released Friday by Baker Hughes.
29 Oct 2021
Brazil saw healthy growth in domestic deliveries of gasoline, jet and fuel oil in September, offsetting falls for diesel and LPG...
29 Oct 2021
US oil demand increased by 265,000 bpd month-on-month in August, but remained some 7% below pre-pandemic levels...
29 Oct 2021
Singapore will offer lower initial registration fees and rebates on annual tonnage taxes for...
29 Oct 2021
Petrochina boosted domestic natural gas production 7.9% over the first nine months of the year compared to only a 0.3%..
29 Oct 2021
Crude oil futures Friday were steady, consolidating after three consecutive days of losses, shrugging off further falls in European natural gas prices fell...
29 Oct 2021
Energy major Chevron's Q3 earnings hit an 8-year high and free cash flow was an all-time record, boosted by improved oil prices...
29 Oct 2021
Crude oil volumes through Shell-operated pipelines in the Gulf of Mexico will “substantially”...
29 Oct 2021
US energy major ExxonMobil grew earnings 44% in the last quarter helped by higher oil prices and strong margins for...
29 Oct 2021
Gasoline stocks in the Amsterdam-Rotterdam-Antwerp hub rebounded to their highest...
29 Oct 2021
The OPEC+ Joint Technical Committee (JTC), has trimmed its oil demand forecast to 5.7 million bpd in 2021, 120,000 bpd below OPEC’s forecast...
29 Oct 2021
Houston-based oil major Phillips 66 was hit by a $1.3 billion impairment during the...
29 Oct 2021
Middle East medium sour crude oil benchmark prices rallied strongly during October to fresh three-year highs on firm winter demand...
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