Crude Oil News

 The 317,000 bpd Miro refinery shut one of its three crude-distillation units (CDU) for four-weeks...

Asian crude oil prices Thursday booked heavy losses for a second day, catching up with the previous-session’s...

 Spain imported 1.13 million bpd of crude in November, preliminary data from Cores...

Crude oil futures Wednesday extended losses after slumping around 4.5% in the previous session, as dire warnings over the state of the global economy...

European gasoil refiner margins hit a near one-month low by the Wednesday London close as TTF...

Chevron Chief Executive Officer Mike Wirth has rejected claims by President Joe Biden that Big Oil’s record profits are being made on the back of...

Brazil's exports of crude oil and oil products surged to record highs during November, with their recent upwards...

Investment bank UBS has reaffirmed its firmer outlook for crude oil 2023, citing redirected Russian supplies, chronic underinvestment...

Asian crude oil prices Wednesday slumped by around 6%, more than wiping out the previous-day’s gains...

OPEC boosted supplies by 150,000 bpd in December, with Nigeria effectively providing the entire gain as output...

Oil was broadly flat on Tuesday on mixed economic data, as a sharp hike in China’s first batch of 2023

Crude oil futures Tuesday were drifting lower as economic growth warnings and Covid concerns dampened sentiment for the first trading day of the new year...

ICE Brent crude will be back to $100/b by around the second quarter of this year, Commerzbank said Tuesday...

Pakistan’s oil product deliveries dipped for the first month in three, with a drop in diesel and fuel oil demand...

Asian crude oil prices started the year on a positive note but mainly playing catch up with...

Investors extended net long crude and diesel positions in the last week of 2022 as China relaxed more Covid restrictions...

China has wound back much of a two-year experiment in production constraint on its refiners, issuing big fresh...

North American drilling activity was steady the week ending 30 December, while ending the year sharply higher...

Crude oil futures ticked lower for a third session and into the year end amid thin holiday trade and little in the...

Crude oil futures Friday were marginally lower after markets surrendered early gains as China's worsening Covid situation...