Crude Oil News

4 May 2022
China's independent refiners have been discreetly buying Russian oil at steep discounts at a time when Western sanctions are set to tighten...
3 May 2022
European middle distillate markets fell sharply on Tuesday, outpacing the $3/b drop in Brent...
3 May 2022
Crude oil futures Tuesday were trading lower as China’s ongoing Covid outbreak and broader economic concerns...
3 May 2022
Mexico’s national oil corporation Pemex reported a MXN122 billion ($5.98bn) profit during Q1...
3 May 2022
Mexico’s gasoline and diesel output and delivery continued to race higher in March, with recovery...
3 May 2022
Money managers trading the Brent crude oil futures cashed in during the final week of April after...
3 May 2022
Dutch tank storage company Vopak and gas infrastructure company Gasunie have signed a deal to cooperate on...
3 May 2022
Refining and trading margins at London-listed energy major BP have surged from to $1.65 billion...
3 May 2022
Iran’s oil minister has paid an official visit to ally Venezuela to meet President Nicolas Maduro and discuss ways...
3 May 2022
India’s Foreign secretary Vinay Kwatra said that India’s oil imports from Russia are much lower than what the rest of the world imports from Russia...
3 May 2022
At least six rockets landed in Erbil province’s Khabat district on Sunday, targeting a key oil refinery...
29 Apr 2022
Crude oil futures ended the cash market close in the green for the third straight day on Friday...
29 Apr 2022
Negotiations to restore the Iran nuclear deal have ground to a complete standstill with the US and Iran unable to resolve the row of the status of...
29 Apr 2022
Crude oil futures Friday were trading higher, extending the previous session's gains on expected tighter sanctions against Russia, although China’s...
29 Apr 2022
China’s LNG imports are set to contract in 2022, with analysts WoodMac cutting their forecast from an...
29 Apr 2022
US major ExxonMobil booked Q1 earnings of $5.5 billion in the first quarter of 2022, more than...
29 Apr 2022
A US Senate panel will consider as soon as next week a bill to open the OPEC oil production group and countries working with it to lawsuits for collusion on...
29 Apr 2022
The April monthly average price for benchmark Middle East Dubai crude retreated 7% versus the previous month...
29 Apr 2022
Dubai crude oil prices rallied strongly for the final trading session of the month Friday, while jet cracks...
28 Apr 2022
Crude oil futures Thursday moved into positive territory on reports that Germany will end its opposition to an EU embargo on Russian oil...
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