Crude Oil News

21 Oct 2021
Middle East crude prices bounced back Thursday as sentiment remain broadly upbeat, while gasoline led...
21 Oct 2021
Australia’s Santos delivered record quarterly sales revenue of US$1.14 billion in the third quarter, underpinned by soaring LNG prices.
20 Oct 2021
Brent had dropped close to $84/b before the release of a bullish EIA weekly US oil report...
20 Oct 2021
A hefty gasoline draw was just one of several bullish factors in this week’s Energy Information Administration oil statistics...
20 Oct 2021
Exxon Mobil is debating whether to continue with several major oil and gas projects as the company’s board of directors reconsiders its investment strategy in a fast-changing energy landscape...
20 Oct 2021
The head of Libya’s state-owned National Oil Corporation, Mustafa Sanalla, refused...
20 Oct 2021
Stocks of commercial crude oil in the United States fell 400,000 barrels last week to 426.5 million barrels...
20 Oct 2021
Saudi Arabia's Minister of Energy, Prince Abdulaziz bin Salman, said gas to oil switching increase oil demand of 500,000-600,000 bpd this winter...
20 Oct 2021
Pledges to cut fossil fuel production to limit global warming has been derided as hot air by the United Nations Wednesday...
20 Oct 2021
India is to form a buyers group comprising of state and private sector oil companies in an attempt...
20 Oct 2021
Middle East crude prices retreated for the second consecutive session Wednesday, while product cracks were mostly weaker...
20 Oct 2021
Saudi Arabia consolidated its position as the number one exporter of crude oil to China in September, while Oman exports jumped...
20 Oct 2021
Norwegian oil and gas production in September beat their estimates but fell 2.2%...
19 Oct 2021
US crude stocks increased 3.3 million barrels last week, sources said Tuesday, citing data from the American Petroleum Institute...
19 Oct 2021
Brent rallied but low sulfur gasoil futures fell to extend the slump in middle distillate cracks...
19 Oct 2021
Brent crude oil futures were broadly higher in afternoon trade in Europe, but off from earlier highs of above $85/b after data showed...
19 Oct 2021
Volumes handled by the Port of Rotterdam in the third quarter jumped 8.6% to reach near...
19 Oct 2021
The quality of crude oil in the North Sea is getting heavier and more sulfurous with medium sour crude set to make up a third of the total volume by...
19 Oct 2021
Information provider IHS Markit may have to sell its base chemicals price reporting business to...
19 Oct 2021
S&P Global Platts published Monday additional guidelines around the market for low-carbon crude oil, which could take off over the next few years...
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