Crude Oil News

India's refiners processed a record 5.4 million bpd of crude oil last month as its sector continues to go from strength to strength amid...

The US, Ukraine and Russia have agreed to a ceasefire on the Black Sea that will halt attacks on commercial shipping in the region in a...

Ithaca Energy has struck a $193 million deal to acquire the UK business of Japan Petroleum Exploration, boosting its stake in the...

Gunvor's chief executive warned on Tuesday that the global oil market faces potential oversupply over the year ahead as demand struggles to...

Middle East crude markets posted comfortable gains Tuesday after a US threat to clampdown on Venezuelan exports, while marine fuel...

China's crude oil imports from the West of Suez are expected to spike in April as sanctions on Russian energy trade flows dented cargo...

Crude oil prices rowed back early gains during trading in European hours on Tuesday, dropping back to flat on the day after the US...

The Trump administration has extended the wind-down period for Chevron's E&P activities in Venezuela to 27 May from an earlier target...

Goldman Sachs sees non-OPEC crude production growth contracting by some 300,000 bpd over 12 months...

The US's plans to impose a hefty fee on China-made ships visiting American ports could impact trade in Guyana's and the region...

Crude futures started the week higher as the market weighed Russia-Ukraine peace talks, as well as US tariffs and sanctions...

Countries that buy Venezuelan oil and gas will have to pay a 25% tariff when they conduct deals with US parties from 2 April, President...

Russian authorities on Monday accused Ukraine of attempting another drone strike on Caspian Pipeline Consortium (CPC) infrastructure...

Vitol said a pivot in global oil demand is underway, with rising jet and petrochemical use offsetting weaker road fuel consumption...

The US government will host two public hearings to get feedback from industries on a proposal to target...

Middle East crude markets opened the week marginally lower, while the front of the 10ppm gasoil forward curve slipped to the flattest...

Crude oil futures opened the week little changed in Asia as traders tracked US-mediated ceasefire talks between Russia and Ukraine...

Alon has started planned maintenance on the fluid catalytic cracking unit (FCCU) at its Big Spring refinery in Texas, with work expected...

China's Sinopec plans to boost crude oil throughput this year even as profit margins shrink and fuel demand slows amid the rapid...

Speculative net length in Brent crude futures surged in the week to 18 March, snapping a six-week selling streak as investors bet on...