Crude Oil News

5 May 2022
Crude oil futures Thursday reversed earlier gains amid jittery trade, initially extending the previous session’s 5% gains...
5 May 2022
The European Commission and 20 industry CEOs have signed a joint declaration committing to increase electrolyser...
5 May 2022
The 233,000-bpd Schwedt refinery – a unit jointly owned by Russia’s Rosneft, UK’s Shell and...
5 May 2022
The Biden administration plans to purchase 60 million barrels of crude oil as the first step in a years-long process aimed at replenishing...
5 May 2022
The OPEC+ producer group stuck to its planned crude oil output increase during its meeting on Thursday, announcing a widely expected 432,000 bpd increase...
5 May 2022
Russia’s crude oil and condensate output fell almost 9% month-on-month in April to 10.05 million bpd, according...
5 May 2022
Dubai crude oil prices rallied 2% Thursday, catching up with gains in Brent, while diesel cracks continued...
5 May 2022
Japan's industry minister has expressed reluctance in following the European Union’s plans to ban oil imports from Russia due to...
4 May 2022
Crude oil futures Wednesday rallied sharply after European Commission President Ursula von der Leyen proposed new sanctions against Russia...
4 May 2022
The backwardation in European middle distillate markets fell sharply by the Wednesday close...
4 May 2022
US product oil product stocks rebounded to a one-month high by the end of April despite a slowdown...
4 May 2022
Norwegian energy major Equinor reported a record net operating income of $18.4 billion during...
4 May 2022
A wave of protests at key Libyan oil fields and ports last month have had only a limited direct...
4 May 2022
OPEC+ sees a surplus of 1.9 million bpd in 2022, 600,000 bpd higher from its last forecast, amid expectations of slower demand growth...
4 May 2022
Dubai crude oil prices edged higher Wednesday following the four-day extended Singapore weekend...
4 May 2022
Refiner margins are expected to remain strong for at least several quarters as some...
4 May 2022
Dutch TTF natural gas futures and Rotterdam coal futures jumped over 6% on Wednesday...
4 May 2022
Petrobras started producing oil and natural gas through the FPSO Guanabara on April 30, the first
4 May 2022
The increase in OPEC's oil output in April undershot the rise planned under a deal with allies...
4 May 2022
Russian tanker firm Sovcomflot is looking to sell up to one third of its fleet, in a bid to repay loans to western banks...
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