Crude Oil News

Morgan Stanley expects oil markets to stage a strong recovery this year with Brent set to reach the $100-$110/b range by...

Middle East crude oil prices Thursday were higher amid growing optimism on the pace of China’s...

Crude oil futures Wednesday were climbing higher as global demand optimism offset the sharp build in US crude inventories...

Crude oil prices continued to rally on Wednesday and hit their highest in a week amid growing optimism around...

An unexpected bounce in US crude oil stocks in the week to 11 January coincided with a big rise in crude oil import...

Russia’s federal budget is expected to see a shortfall of 54.5 bln rubles ($780 mln) in oil and gas revenues for January 2023...

The EU and NATO announced Wednesday plans a ‘joint taskforce’ aimed at boosting protection for critical infrastructure...

The first delivery of crude oil from Kazakhstan to Germany via the Druzhba pipeline should...

Middle East crude oil prices Tuesday were largely tracking Brent gains over the previous 24 hours...

Trafigura has completed the sale of its 24.5% stake in downstream energy...

Crude oil futures Tuesday were edging higher although optimism over China’s reopening was in part offset by broader economic concerns...

Brent crude edged lower in a choppy session without much direction as traders await signs...

Global consumption of liquid fossil fuels, such as gasoline, diesel and jet fuel, will reach the...

The US government has released a blueprint for decarbonising its transport sector by 2050 combining guidelines to rapidly...

India has been paying $53-57/b for Russian crude oil, around 7-10% under the G7 cap, according...

Middle-distillate stocks in the EU-16 hit a four-month high in December, according to Euroilstock data...

All Russian oil companies increase their production levels in 2022 apart from Rosneft despite western...

Light-end refining margins reached their highest since mid-2022 this week on firm demand...

Shipping giant Frontline has terminated plans to merge with rivals Euronav, with behind-the-scenes wranglings...

Russia could adopt additional measures to moderate sharp discounts on Russian oil in order to more align prices to market values...