Crude Oil News

Crude oil futures Friday were sharply lower as a pre-weekend selloff largely eroded the gains from four consecutive increases...

OPEC+ appears poised to postpone its planned production increases, according to analysis released Friday by ANZ Research, as members...

Middle East crude posted moderate gains to halt a run of four weekly losses, but benchmark Dubai remained locked in a tight range...

Middle East crude markets were little changed heading into the weekend as they consolidated moderate weekly gains, while HSFO...

Eneos, Japan's largest refiner, has shut a 141,000 bpd crude distillation unit (CDU) at its Sakai refinery following a fire on 17 February...

A Court of Appeals in Michigan has found no reason to revoke a permit issued to Enbridge by the ...

The Port of Corpus Christi in Texas exported 2.41 million bpd of crude in January, an increase over the month prior...

President Donald Trump's plans to cut taxes for oil and gas companies could spur more production, but...

Crude oil futures Thursday were firmer, as markets extended the week's solid upwards trend...

Benchmark crude oil futures extended gains on Thursday as attention pivoted toward global supply concerns, while LSGO cracks rebounded...

Ghana National Petroleum Corporation appointed this week its second new top executive in a month as the state-owned oil company appears to...

A fourth weekly gain pushed US commercial crude oil inventories last week to the highest since July 2024...

Italian prosecutors have launched a terrorism investigation into explosions that have struck oil tankers carrying Russian crude, as a series...

Spain's Repsol reported a decline in fourth-quarter earnings on Thursday as lower refining margins compounded weakness in middle distillates...

Saudi Arabia's Crown Prince and Russia's President have held talks this week in a call that is likely to have a strong bearing on the next...

HF Sinclair reported a larger-than-anticipated loss for the fourth quarter, the company announced on Thursday, adding its name to the long list...

Canadian oil sands producer Cenovus Energy posted a decline in fourth-quarter profits on Thursday as rising production was...

Norway's total petroleum resources on the continental shelf increased slightly in 2024, though exploration yielded below-average...

Middle East crude markets were pegged back slightly on Thursday but remained at the higher end of the February trading range...

Norway's crude oil and gas production declined in January, preliminary figures showed Thursday, as extended maintenance at Equinor's...