Crude Oil News

23 Nov 2021
Developers of the Keystone XL pipeline are seeking to recoup more than US$15 billion in damages connected to President...
23 Nov 2021
French energy major TotalEnergies increased its stake in Libya-based Waha Oil company...
23 Nov 2021
UAE Energy Minister Suhail Al-Mazrouei dampened speculation OPEC+ would pause further production increases in response...
23 Nov 2021
Crude oil prices in Asia edged higher Tuesday, while products were broadly steady as the trade waited for news of the...
23 Nov 2021
The US will release 50 million barrels of oil from the Strategic Petroleum Reserve in a bid...
23 Nov 2021
Energy major Shell has reduced crude processing by half and cut exports of fuels at its Singapore facility, while it will start a...
23 Nov 2021
Reliance's Jamnagar, the world's largest refinery, processed a record volume of crude in...
23 Nov 2021
Congressional Democrats have called on President Joe Biden to combat high gasoline prices by not only releasing barrels from the US Strategic Petroleum Reserve but by banning...
22 Nov 2021
Low sulfur gasoil futures recovered 2% at the start of the week from their four-week low...
22 Nov 2021
The Secretary General of the Riyadh-based International Energy Forum said Monday that the OPEC+ producer alliance could alter future production plans if...
22 Nov 2021
Crude oil futures in European trading hours Monday rose, clawing back some of Friday's steep losses...
22 Nov 2021
Japan is considering releasing oil from its reserves along with the United States and other countries to help curb rising crude oil prices...
22 Nov 2021
Run rates at Shandong’s independent refiners have grown steadily since September through to 1H November, but throughputs are likely to stagnate...
22 Nov 2021
Australia’s BHP Group and Woodside Petroleum Ltd. have taken a step closer to a full merger, while Woodside has approved its A$16.5 billion...
22 Nov 2021
Crude oil prices in Asia were sharply lower Monday compared to pre-weekend levels, playing catchup...
22 Nov 2021
Goldman Sachs maintained its Q4 forecast for Brent crude oil futures at $85/b as it said...
22 Nov 2021
Funds dumped bullish bets in WTI last week ahead of the crash in oil prices on Friday...
22 Nov 2021
Russia increased its share of total Chinese crude oil imports this October to an 18-month...
22 Nov 2021
Reliance Industries Ltd. is abandoning a $15 billion deal for Saudi Aramco to purchase a 20% stake in its oil refining and chemicals unit...
19 Nov 2021
Eurobob E5 and distillate futures led the slump in oil prices Friday, crashing more than $6.30/b and $4/b respectively by the late afternoon marker...
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