Crude Oil News

US commercial crude stockpiles fell as did gasoline for the week ending February 28, according...

President Donald Trump may consider rolling back tariffs on selected goods from Canada and Mexico, according...

US Congress voted to do away with a fee put in place during the Biden Administration on methane emissions...

Enbridge sees demand for pipeline exit capacity for production out of the Permian Basin exceeding availability...

Benchmark crude oil futures were sharply lower on Tuesday as investors braced for returning OPEC+ barrels and escalating global trade...

Crude oil futures Tuesday extended losses after OPEC+ confirmed it would go ahead with output increases, sinking benchmarks to...

Ultra-low sulphur diesel (ULSD) loadings at Russia's main oil product terminals at Primorsk and Tuapse...

Canada's largest refiner, Irving Oil, hiked the price of nearly all its fuel heading to the US on Tuesday by 10%...

Enbridge has unveiled multi-billion-dollar projects to expand capacities of its liquids pipelines to prepare for ...

The US Treasury has set a one-month deadline for Chevron to suspend its operations in Venezuela, the department announced on Tuesday...

Crude oil output from core OPEC members ramped up to the highest level in more than a year, driven by gains from Iraq, Venezuela...

The world's largest energy company, Saudi Aramco, reported second consecutive decline in annual profits, although still banked in excess of...

Gasoline prices in the United States surged to six-month highs this week as investors braced for tariffs on Canada and Mexico, with import...

Middle East benchmark Dubai crude slumped to two-year lows Tuesday after OPEC+ confirmed it would proceed with output hikes, while...

Crude oil output in the Canadian province of Alberta slipped from December's all-time high to 4.19 million bpd in January...

Taiwan's diesel exports doubled in January despite lower crude throughput weighing on gasoline outflows, government data showed Tuesday...

Russian authorities have put out a fire at an oil pipeline in the southern Rostov region after a suspected Ukrainian drone strike overnight, acting governor Yuri Slyusar said on Tuesday...

More Venezuelan crude oil could head to China in the coming months via the so-called dark fleet market as US President Trump axed Chevron's licence to...

Goldman Sachs warned of downside risks to oil prices as eight OPEC+ countries move to unwind voluntary production cuts earlier than...

The US imposed 25% tariffs on imports from Canada and Mexico on Tuesday, triggering swift retaliation from Ottawa and raising the...