Crude Oil News

Mexican tycoon Carlos Slim is in talks to provide financial backing for development projects at two key oil and natural gas fields in Mexico...

Partners for a project to transport crude oil from Hardisty, Alberta, to Patoka, Illinois and then to Energy Transfer's...

Kazakhstan's energy minister is to stand down according to local media reports, coming with the country embroiled in a row with fellow OPEC+...

Angola's crude oil output was steady last month at 1.05 million bpd, government data showed...

Saudi Arabia's crude exports inched lower in December as output remained static in line with OPEC+ output...

Wood Mackenzie expects global oil benchmark Brent prices to average $73/b this year, down $7/b...

Mexico's PMI has raised its so-called K factor used in its formulas to price nearly all its grades sold internationally...

Middle East crude prices posted two-week highs amid heightened geopolitical tensions, while the selloff in the Asian distillates market...

Venezuela's state-owned PDVSA will independently manage production and exports from its largest oil joint venture once...

The South Korean government said it will boost crude oil reserves to a new record high and raise road fuel stockpiles this year to hedge against supply...

Chevron has bought 15,380,000 of Hess Corp common stock at existing market prices in open market deals, the major said in a filing with the Securities and Exchange Commission (SEC)...

The National Hurricane Center (NHC) reported Monday a low-pressure weather system some 700 miles northeast of the northern Leeward Islands...

Crude and products were higher Monday with geopolitics back in focus, after the US carried out extensive air strikes on Yemen targeting Houthi rebel groups.

Gas pipeline projects that were completed last year added nearly 18 bcfpd of new capacity for the industry...

Quantum Commodity Intelligence - Crude oil futures opened the week higher to touch their highest level in a fortnight after the US...

A consortium including BP has been awarded six new licences to explore for natural gas in Israeli waters, marking the UK...

Ukraine used a domestically developed long-range missile to strike Russia's Tuapse refinery last week, marking a significant increase in...

Kazakhstan's crude oil production surged 15% in February to 1.79 million bpd, driven by increased output from Chevron's expanded Tengiz...

Goldman Sachs lowered its oil price forecasts through 2026, citing slowing US economic growth and increased OPEC+ output, reversing...

Middle East crude prices opened the week higher amid a spike in regional tensions, while marine fuel prices continued to come off further...