Crude Oil News

Crude futures started the week lower in European trade while ICE gasoil and Eurobob gasoline cracks consolidated recent gains...

The largest group of oil producers in America are bracing for well-shut ins as pressure mounts from weakening prices in a volatile market that's…

EBOB gasoline cracks were testing fresh eight-month highs Monday, boosted by reports of disruption at Nigeria's Dangote refinery...

The US is targeting three fuel vessels and their owners for violating rules on the import of refined products...

Throughput on the Shell-operated Mars Oil Pipeline Company's offshore system in the Gulf of Mexico...

Reliance Industries plans to focus on supplying more fuel to the Indian market as demand growth weakens in international hubs...

Spain's Repsol-owned Petronor said Monday it has been forced to shut all units at its Bilbao refinery...

Sanctioned Serbian refiner NIS has won a third reprieve on US sanctions aimed at the company over its Russian ownership, delaying...

Middle East crude prices slipped for a third straight session Monday as Dubai continued to surrender ground to Brent, while the...

Deliveries of jet fuel and gasoline in the UK reach fresh highs in February, according to official data, helping offset slower diesel demand...

Angola has approached the International Monetary Fund (IMF) to sound out the possibility of a loan to tide it over, with the move coming as oil...

Iran's oil export hub of Bandar Abbas was rocked by a huge chemical explosion over the weekend, killing over two dozen and injuring hundreds...

Speculative investors rushed to cover short positions in crude oil futures last week amid signs of an easing trade tension between the US and...

Phillips 66 completed upgrades at two of its US refineries in the last quarter, giving it flexibility for crude...

Crude oil ticked higher for the second straight day on Friday to end the week

Crude oil futures were initially in retreat Friday and heading for a weekly decline but showed a late-day rally despite tariffs and OPEC+...

US oil and gas rotary drilling activity rose for a second week, as rig counts in the Permian Basin held...

The Department of Interior (DOI) has unveiled plans to shrivel up the permitting process for energy...

Schlumberger (SLB) expects to record 25% margin growth for the year, assuming oil prices remain...

Energy industry services provider Schlumberger (SLB) reported that its first quarter revenue fell after...