Crude Oil News

Asian refiners will raise crude runs by around 1.2 million bdp between October and December on a seasonal upturn and returning demand...

Activist shareholder Third Point has called for oil major Shell to be broken up, claiming the...

Brent prices slid lower after the EIA report showed US crude stocks built 4.3 million barrels last week...

Energy major Shell's Nigerian subsidiary declared force majeure on loadings of its Bonny Light crude oil starting Monday

Oil deliveries to Libya’s Es Sider port were halted again on Wednesday by a pipeline leak, with flows of up to 200,000 bpd...

Crude stocks started to build again in the US last week, EIA data showed Wednesday...

Crude oil futures in Wednesday were lower following a larger-than-expected rise in US inventories, although losses were cushioned...

Iran's top nuclear negotiator Ali Bagheri Kani tweeted on Wednesday that nuclear talks would resume next month...

Commercial crude stocks in the United States gained 4.3 million barrels last week to the highest level since the end of August...

Iraq's state-owned oil marketer SOMO will stop exporting its Basrah Light crude grade next year and hike Basrah Medium...

US refinery runs are set to increase by 500,000 to 600,000 barrels per day over (BPD) the next three months...

Indian crude imports rose in September to their highest level since April...

Abu Dhabi’s flagship Murban crude has surged to its highest level versus Brent and Middle East sour grades since the contract was launched...

Middle East crude eased back Tuesday retreated for a second successive session, while products all gave up ground too as...

Norway’s Equinor profits surged in the third quarter, driven by the energy crunch that sent gas prices surging in September...

Finnish renewables producer and oil refiner Neste set out on Wednesday formal targets for scope 3 emission reductions...

The UAE's Abu Dhabi National Oil Co (ADNOC) plans to produce 1.19 million bpd from its Murban oil field in November...

Planned maintenance at three Japanese refineries saw capacity fall to its lowest in three months...

Despite wide backwardation in oil futures, US crude stocks gained last week...

Brent was slightly lower by late afternoon marker despite climbing late afternoon, tracking a recovery in the dollar index...