Crude Oil News

17 May 2022
Azerbaijan’s output of crude oil and natural gas condensate eased off a combined 0.5% in April...
17 May 2022
OPEC+ production retreated sharply in April as Russia and other member of the alliance continued to fall further behind on output targets...
17 May 2022
Middle East crude prices were sharply higher Tuesday following the three-day Singapore weekend, while...
17 May 2022
Benchmark Dubai prices rallied to seven-week highs Tuesday as focus returned to the supply side, while both Dubai market structure and the Brent/Dubai EFS...
16 May 2022
Crude oil futures Monday were were trending higher and well up from earlier lows which came after weak...
16 May 2022
Brent crude futures rose $1.81/b by the cash market close on Monday at a 10-day high on...
16 May 2022
Repair work at Indonesia’s 260,000-bpd Balikpapan refinery will take one week to complete after...
16 May 2022
Germany will press ahead with a ban on imports of Russian oil by the end of this year, even in the absence of...
16 May 2022
Saudi Arabian crude oil exports fell in March despite rising output levels as domestic refining...
16 May 2022
Russia’s average daily crude exports were down 2.3% in the first half of the month at around 666,000 mt per...
16 May 2022
Iran and the EU are waiting for a response from Washington to fresh proposals and initiatives aimed at restarting talks on the...
16 May 2022
Shanghai announced on Sunday that it will gradually open shopping centres, supermarkets, restaurants and other businesses as mainland China’s...
16 May 2022
Speculators’ bullish bets on Brent and WTI crude oil futures went in opposite directions last...
16 May 2022
Saudi Arabia's crude production capacity is poised to reach 13.3 million to 13.4 million bpd by the end of 2026 or early-2027...
16 May 2022
Saudi Aramco’s profits surged 82% in the first quarter of 2022, beating the median of analysts' expectations with the highest quarterly profit since...
16 May 2022
The volume of crude processed by China’s independent and state-owned refiners fell by a sharp 9%...
16 May 2022
The Kurdistan Regional Government (KRG) has denied weekened reports from the state-run North Oil Company (NOC) that it had seized control over oil fields in Kirkuk...
13 May 2022
Brent crude rose for the third straight day pulled higher by rising gasoline cracks reflecting a tighter...
13 May 2022
Brent crude oil futures Friday were trading higher as tighter controls on Russian oil buying were set to kick in, although wranglings over details threatened...
13 May 2022
Middle East crude prices were firmer Friday ahead of the long weekend in Singapore, playing catch...
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