Crude Oil News

25 Oct 2021
China committed to boosting the share of non-fossil energy consumption to 80% by...
25 Oct 2021
Funds took differing views on Brent and WTI last week...
25 Oct 2021
Saudi Aramco, the world’s largest oil company, has joined other energy majors and pledged to reduce carbon emissions from...
25 Oct 2021
Goldman Sachs says oil demand has already surpassed 99 million barrels per day and will shortly match pre-Covid consumption of...
22 Oct 2021
Brent almost recovered all the losses from Thursday as bulls eyed the tightening global oil complex...
22 Oct 2021
The oil rig count in the US dipped by 2 to 443 last week, putting an end to 6 successive weeks of gains, while gas rigs...
22 Oct 2021
Crude oil futures in European trading hours Friday pushed higher as oil shrugged off the broad-based energy sell-off, led by...
22 Oct 2021
Middle East crude prices were lower Friday, while product cracks in Asia continued to firm at the top of the barrel while low...
22 Oct 2021
Energy major Shell is planning to bring back its final two oil platforms which were closed...
22 Oct 2021
India's domestic crude production was below target for the fifth month in a row in September, leaving year-to-date output...
22 Oct 2021
Global refineries should tailor their output in favour of petrochemical production...
22 Oct 2021
Crude oil production in Azerbaijan fell 9,900 bpd in September to its lowest level since May this...
22 Oct 2021
Middle East crude oil prices were little changed week ending October 22, consolidating at around three-year highs as concerns over...
22 Oct 2021
President Joe Biden reiterated US claims that high oil prices are a result of the OPEC+ producer group withholding production, warning American motorists to expect...
21 Oct 2021
Low sulfur gasoil futures crashed lower Thursday, outstripping Brent that was under pressure...
21 Oct 2021
Refining margins at US refiner and biofuel producer Valero were in touching distance of pre-pandemic levels in the third quarter...
21 Oct 2021
Crude oil futures in European trading hours Thursday gave up some of previous-day’s sharp gains which followed the unexpectedly large draw in US inventories...
21 Oct 2021
Vietnam's oil product imports went up a significant 40% month-on-month in the first half of October to 197,892 tonnes as authorities lifted a strict curfew on Ho Chi Minh City...
21 Oct 2021
Approximately 100 employees working on the Ninian and Tiffany crude oil platforms in the North Sea...
21 Oct 2021
Prices for low-sulfur marine fuel in the ARA hub have surged this week after an...
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