Crude Oil News

Mexico's state-owned oil company Pemex lowered official selling prices or "K-factors" for US-bound cargoes for a second consecutive month...

Crude oil futures extended the recent uptrend, testing September highs as traders assessed the damage from the latest wave of drone attacks...

Nigeria's Minister of Finance has called for an immediate end to the 4% surcharge tied to all goods imported into the country as the...

Kazakhstan's crude oil production remained elevated through August at 1.83 million bpd as it continues to breach its agreed OPEC+ output...

The Brent/Dubai cash spread rowed back sharply after the US put the brakes on applying tariffs against China as a penalty for buying Russian...

The International Energy Agency (IEA) has said oil and gas companies need to spend more than $500 billion/year just to maintain current...

Middle East crude rowed back Tuesday as the US called a halt to immediate tariffs on China, while gasoline prices continued to firm against Brent...

The European Union has postponed the unveiling of its next sanctions package against Russia as the bloc seeks further measures to dampen...

Increased cargo flows of Sokol crude oil produced in Russia's Far East to China are expected to put pressure on the prices of ESPO grade in the...

The Ukrainian military has carried out an overnight drone attack on the 140,000 bpd Saratov refinery in southwestern Russia, causing explosions and...