Crude Oil News

Thailand's crude oil and natural gas condensate imports recovered from nine-month lows touched in October...

It was another week of big swings in inventories at the Middle East storage hub of Fujairah, with the Wednesday...

Russia has banned oil exports to countries that enforce a $60/b price cap on its oil barrels for five months as it looks...

The winter storm blasting across the US has caused closures and disruption to several energy facilities, and while  key oil and gas benchmarks have posted only slim gains...

Crude oil futures Tuesday were up from the pre-holiday levels as the US winter storms boosted power demand, while a further opening up of China...

nvestors rebuilt net long crude and refined product positions last week as the threat of Russian output...

Russia will produce up to 500 million mt of crude oil in 2023, a drop of around 8% year-on-year as the country deals...

Middle East crude prices Tuesday maintained the firmer momentum seen during the second half of December, while distillates...

North American drilling activity was slightly higher the week ending 23 December, breaking a run of two weekly falls...

The discount on Russia’s Urals oil price will narrow after supply chains stabilize...

Crude oil finished higher on Friday and was on course to make it a second winning week in a row as Russian threats...

Energy major Shell has agreed to pay €15 million ($15.9m) to local communities in Nigeria which...

Crude oil prices in Asia were lower at the end of the week amid thin holiday liquidity, while the products market...

Finnish refiner has received €27.7 million ($29.4m) in EU funding this week to develop green hydrogen...

Crude oil futures were trading higher on Friday amid thin holiday liquidity and after Russia threatened to cut its output in response to a western-led price cap on its oil...

Crude oil gave up its early gains during the European afternoon session on Thursday as US economic data came...

Crude oil futures in European trading hours Thursday were climbing higher, consolidating the week’s gains...

Crude prices in Asia Thursday continued the firm end to the year, with gains since Monday now standing at around 4.5%, while activity in refined products...

Crude oil futures Wednesday climbing higher after latest inventory data from the US revealed a drop...

Crude oil and product prices were higher in Europe on Wednesday as US data showed a big draw in...