Crude Oil News

A consortium led by infrastructure group BlackRock to buy more than four dozen ports, including...

PetroChina's refining and fuel sales profits fell sharply in 2024 as the country's accelerating shift toward electric vehicles and LNG...

The US has moved to revoke authorisations for foreign companies working with Venezuela's state oil firm PDVSA, escalating its push to...

Equinor's Johan Castberg oilfield in the Barents Sea has started production, the Norwegian energy company announced on Monday, following...

Crude futures were trading near one-month highs Monday as the market weighed threats from US President Donald Trump to impose...

Throughput on the Shell-operated Mars Oil Pipeline Company's offshore system in the Gulf of Mexico...

US President Donald Trump warned he could impose secondary tariffs of up to 50% on countries buying Russian oil if Moscow...

Asia commentary and pricing are suspended Monday for the Eid-al-Fitr and Hari Raya Puasa holidays in Singapore. A normal...

The US rotary drilling activity eased lower after the producers in the Permian Basin took down a few...

Benchmark crude oil futures extended losses on Friday but posted the third consecutive weekly gain, as tightening market balances...

Crude oil futures hovered near one-month highs on 28 March, on track for a third straight weekly gain, as tightening global supply...

Enbridge expects to federal and state permitting and challenges against some awarded permits for its Line 5...

Diesel margins fell under pressure in the West of Suez market this week as concerns over the implications of Washington's tariffs...

Middle East crude prices posted a third week of gains to leave benchmark Dubai at monthly highs for the May25 contract expiry, boosted by...

Cenovus Energy will shut several units at its 160,000 bpd refinery in Toledo, Ohio for planned maintenance starting mid-April...

The Norwegian Offshore Directorate (NOD) announced on Friday that it had made an oil and gas discovery in the northern sector of the...

Dubai crude spiked to fresh monthly highs Friday after a solid week, while refined product prices showed little initial reaction to news of...

Nigeria's national oil company NNPC is in the final stages of reaching an initial public offering (IPO), officials have said...

The Czech Republic will begin receiving all crude oil imports via the expanded TAL pipeline from April, replacing halted Russian flows through...

Brazil's crude processing fell for a second straight month in February, with refined product output hitting its lowest level since May 2024...