Crude Oil News

25 Mar 2024
Moscow has ordered Russian oil producers to rein in production with combined output set to be capped at 9 million bpd to ensure...
25 Mar 2024
TotalEnergies was forced to shut a reformer and crude units at its troubled Port Arthur refinery in Texas...
25 Mar 2024
Shell was working to restore power Monday at its Deep Park chemicals plant in Texas...
25 Mar 2024
Middle East oil crude markets opened the week marginally higher as prices consolidated close to 2024 high, while gasoil margins continued to slump...
25 Mar 2024
Ukrainian drone strikes on Russia’s oil processing infrastructure resumed over the weekend...
25 Mar 2024
North American oil and gas producers eased back as continued low natural gas prices led to further cutbacks...
25 Mar 2024
Speculative net length in the global crude oil market hit its highest levels since October last week as geopolitical risk and OPEC+ supply...
25 Mar 2024
China’s state-owned energy giant Sinopec is aiming to increased the production of refined products by 2% in 2024, despite a drop in 2023 annual profits...
22 Mar 2024
Crude oil futures in European hours Friday were little changed, although the selloff that started Wednesday eroded most of the early-week gains...
22 Mar 2024
Quantum Commodity Intelligence – Crude futures were little moved Friday, ending the week flat as profit-taking and concerns...
22 Mar 2024
The US has urged Ukraine to rein in attacks on Russia’s energy infrastructure, with Washington increasingly concerned...
22 Mar 2024
East-of-Suez crude oil prices ended the week marginally higher, although benchmark Dubai eased back from the four-month highs...
22 Mar 2024
East of Suez crude markets eased for a second session Friday to leave prices only marginally higher on the week, while gasoline continued...
22 Mar 2024
ExxonMobil’s Gravenchon refinery in Port Jerome is running at around half its capacity after a fire nearly two week ago...
22 Mar 2024
Pemex was forced to close certain units at its 312,5000 bpd Deer Park refinery on Thursday...
22 Mar 2024
Beijing is looking to stabilise domestic crude oil output this year even as more consumption in
21 Mar 2024
Crude oil futures Thursday extended losses into a second session, following midweek jitters ahead of the Federal Reserve meeting...
21 Mar 2024
Crude traded broadly sideways Thursday but ultimately ended lower in the absence of much direction...
21 Mar 2024
Former OPEC member Ecuador is looking to stabilise and the gradually increase oil production over the next two years...
21 Mar 2024
Italian oil product deliveries were higher on the month in February, official data showed Thursday...
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