Crude Oil News

15 Mar 2022
The board of directors at energy major Shell are being sued for a failure to properly prepare for the net-zero transition by...
15 Mar 2022
Australian oil products imports trended lower for a third consecutive month in January, with a 9% month-on...
15 Mar 2022
Crude oil futures Tuesday continued the sharp downwards trend on hopes of a ceasefire in Ukraine, while focus also switched to...
15 Mar 2022
US oil production will increase 117,000 bpd to 8.708 million bpd in April, led by record output in the...
15 Mar 2022
Italian oil major ENI is set to lift its force majeure on crude oil exports from its Brass...
15 Mar 2022
The world’s biggest oil exporter Saudi Aramco is considering taking payment for its oil...
15 Mar 2022
Oil producing group OPEC said Tuesday that it still expected oil demand to rise by 4.2 million bpd...
15 Mar 2022
Backwardation in the Middle East Dubai crude benchmark slumped to a two-week low Tuesday, as fears over prompt supply shortages...
15 Mar 2022
Crude throughput in the world’s biggest importer of oil fell 1% in the January-February period...
15 Mar 2022
Benchmark Dubai crude Tuesday tumbled by more than $10/b as the sharp downturn continued...
15 Mar 2022
There are no active discussions ongoing between the Biden administration and...
15 Mar 2022
The French government defended TotalEnergies’ decision to retain its current Russian...
15 Mar 2022
Norwegian energy major Equinor will stop trading Russian oil as it admitted that it will take...
15 Mar 2022
Urals crude crashed to fresh lows Monday as buyers continued to shun the flagship Russia grade...
14 Mar 2022
Low sulfur gasoil futures slid back below the $1,000/mt for the time since the start of...
14 Mar 2022
Crude oil futures continued their spectacular decline on Monday, falling $6/b from Friday's close...
14 Mar 2022
Global airline capacity was static for a third straight week driven by western sanctions on...
14 Mar 2022
Biofuels consumption will more than double by 2050 driven by a massive ramp-up in demand for sustainable aviation fuel, with...
14 Mar 2022
Polish oil refiner PKN Orlen will be able to manage a potential European embargo on Russian...
14 Mar 2022
Fulling stopping imports for Russian oil, natural gas and coal could cost Germany up to...
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