Crude Oil News

9 Mar 2022
Benchmark Dubai crude surged to a fresh multi-year high Wednesday as oil sanctions tighten against...
9 Mar 2022
The White House unsuccessfully tried to arrange calls between President Biden and the de facto leaders of Saudi Arabia and the UAE as the US...
9 Mar 2022
The US embargo is likely to extend the oil price rally and trigger demand destruction in order to rebalance the market, said Rystad Energy...
8 Mar 2022
Distillate futures were almost off the chart after the US announced it would ban Russian oil imports...
8 Mar 2022
The US is expected to produce a record amount of oil worth 13 million bpd in 2023 as...
8 Mar 2022
US crude oil imports in January rose to their fourth-highest monthly level since...
8 Mar 2022
Crude oil futures in European hours Tuesday were higher amid volatile trading, rebounding following Monday's pullback...
8 Mar 2022
The European Union will cut its Russian natural gas imports by two thirds by the end...
8 Mar 2022
Global CO2 emissions rose more strongly than expected in 2021 to hit a new historical record...
8 Mar 2022
Swiss-based merchant Trafigura has tapped a $1.2-billion credit line in “record time” from multiple...
8 Mar 2022
President Joe Biden has decided to ban Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion...
8 Mar 2022
Differentials for Nigerian light sweet crude barrels have jumped Tuesday in the scramble to buy alternative barrels...
8 Mar 2022
The spot trading cycle for May-loading physical Middle East got underway this week with record premiums paid for spot barrels...
8 Mar 2022
Goldman Sachs lifted its Brent crude oil forecast for this year to $135/b as a combination...
8 Mar 2022
Vietnam’s crude imports rebounded in the second half of February although a return to more normal flows...
8 Mar 2022
Middle East crude oil prices Tuesday eased back, while diesel cracks surged to new highs...
8 Mar 2022
UK energy major Shell is to immediately stop buying Russian crude oil, the company said Tuesday..
8 Mar 2022
Libya’s NOC has lifted its force majeure on crude oil deliveries from two oil fields in...
8 Mar 2022
Japan will implement further sanctions against Russia and Belarus over Moscow's ongoing invasion of Ukraine, freezing assets held by...
8 Mar 2022
Mohammad Barkindo, secretary general of OPEC, said Monday that the group’s mission remains to act as a reliable supplier...
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