Crude Oil News

26 Oct 2021
Crude oil futures in European trading hours Tuesday were steady, recovering from an earlier dip...
26 Oct 2021
ADNOC, the Abu Dhabi National Oil Company, will be powered only by renewable electricity in January...
26 Oct 2021
Brazil's gasoline output reached a near 7-year high in September as overall transport fuel production remained strong and crude...
26 Oct 2021
China will cap its annual crude oil throughput at 1 billion mt – equivalent at 20.08 million...
26 Oct 2021
Middle East crude prices eased back Tuesday from the three-year highs registered in the previous session, while light end cracks...
26 Oct 2021
Dubai's Department of Petroleum Affairs has set the OSP for Dubai crude loading in January at a discount of $0.10 per barrel to the average settlement of...
26 Oct 2021
Australia, the world's second-largest coal exporter and largest LNG exporter, has committed to net-zero domestic carbon...
26 Oct 2021
Thai crude imports fell to a 17-month low in September amid a fall in demand this year as a Covid outbreak fuelled by the...
26 Oct 2021
Dutch pension fund ABP – one of the largest in the world – will sell its entire €15 billion ($17.5 billion)...
26 Oct 2021
US shale oil producer, Pioneer Natural Resources, has reported a third-quarter hedging loss of $501 million, bringing its total hedging losses...
25 Oct 2021
Gasoline led the global oil complex Monday, triggered by a spike in Asian prices at the time of the Singapore close...
25 Oct 2021
China's largest independent refinery, Zhejiang Petrochemical Corp, has been issued a fresh batch of 2021 import quotas at...
25 Oct 2021
Crude oil futures in European trading hours Monday extended the upwards trend as key benchmarks traded at or around multi-year highs...
25 Oct 2021
Backwardation in global crude oil benchmarks has widened sharply this month, highlighting expectations for continued tightness...
25 Oct 2021
Iraqi crude oil production nudged higher this month to reach its OPEC+ target...
25 Oct 2021
Italy is seeking to suspend arbitration in a case that could see it pay millions of euros in damages to UK oil company...
25 Oct 2021
The Brent/Dubai EFS (exchange of futures for swap), a key metric in comparing Dubai-related crude oil versus grades...
25 Oct 2021
Middle East crude prices hit fresh three-year highs, while light end cracks soared to highs last seen in Singapore in...
25 Oct 2021
Sudan’s prime minster has been arrested and detained in an apparent military coup which...
25 Oct 2021
Portuguese energy and oil company GALP posted much-improved third-quarter results Monday, driven by the year-on-year...
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