Crude Oil News

11 Mar 2022
Saudi Arabia condemned on Friday a drone attack on an oil refinery in the capital Riyadh, but said petroleum supplies were...
10 Mar 2022
European distillates crashed for a second straight day after the short-squeezed March...
10 Mar 2022
Crude oil futures were lower Thursday despite OPEC+ members indicating that any additional...
10 Mar 2022
Energy major Shell is set for an extra $400 million of losses on top of an existing $3 billion impairment...
10 Mar 2022
The German diesel market is tightening amid a rise in heating oil demand and a fall in...
10 Mar 2022
Russian seaborne crude oil exports were still flowing at an average of 4.9 million bpd over the ten-day rolling average to March 9...
10 Mar 2022
Italian oil major has suspended all its new purchases of Russian crude oil and oil productions...
10 Mar 2022
Iraq's State Organization for Marketing of Oil has thrown its weight behind the OPEC+ producer alliance maintaining the current strategy of...
10 Mar 2022
The world's biggest consortium of shipowners will this week urge Russia and Ukraine...
10 Mar 2022
The Japanese government boosted its gasoline subsidy from JPY5/mt ($0.04/l) to...
10 Mar 2022
The Russian oil and gas sector is facing issues in securing sufficient financing for...
10 Mar 2022
Middle East crude crashed by 10% Thursday following the previous-day’s tumultuous activity...
10 Mar 2022
The US  ban on Russian energy imports, coupled with growing self-sanctioning by European and Asian buyers, could leave Moscow with no choice but to...
9 Mar 2022
April low sulfur gasoil futures crashed lower Wednesday, shedding around $21/b, to drag the oil complex lower...
9 Mar 2022
Crude oil futures Wednesday tumbled sharply despite the US ban on Russia oil imports, as the US and IEA were looking at alternative...
9 Mar 2022
US distillate stocks drew 5.2 million barrels last week amid a global tightening in the middle of the barrel...
9 Mar 2022
A coalition of major oil and gas companies pledged on Wednesday to cut emissions of...
9 Mar 2022
With crude and refined products prices experiencing extreme levels of price volatility, gasoline traders in Asia are shying...
9 Mar 2022
QatarEnergy has raised its official selling prices for crude loading in April following a similar move by Saudi Aramco...
9 Mar 2022
Energy markets braced themselves for further volatility on Wednesday after Russia dangled the threat of ...
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