Crude Oil News

Seplat Energy is targeting a 50% increase in production to 200,000 bpd by 2030 via a $3 billion investment and new wells drilled...

Crude oil futures were moving sideways after the US Federal reserve went ahead with a cautious 25 basis point cut...

ExxonMobil's French subsidiary Esso is shutting an unspecified unit at its 240,000 bpd Gravenchon refinery ...

Crude oil benchmarks extended losses as markets continued to brace for excess barrels over the months ahead, while LSGO cracks firmed...

Freight rates on crude tankers maintained the firm September performance, underpinned by higher output from OPEC+ and long-haul demand...

Chevron and exploration-focused Anadarko Petroleum signed a deal with the Peruvian government to explore for oil and gas...

ExxonMobil's French downstream subsidiary Esso SAF on Thursday reported an €85 million ($100 million) loss for the first six months of the...

QatarEnergy has awarded its monthly Al Shaheen tender for November-loading crude at sharply higher premiums versus the previous month...

Russian seaborne crude oil exports to India and China are set to remain strong over the months ahead even as sanctions pressures persist...

Ukraine hit two Russian oil refineries on Thursday in its latest wave of drone attacks against Moscow's energy infrastructure...