Crude Oil News

3 Mar 2022
Middle East crude oil prices Thursday rallied to near ten-year highs, while diesel cracks...
3 Mar 2022
Russian oil exports have dropped by at least one-third — or some 2.5 million barrels per day — this week as a result of...
2 Mar 2022
Distillates rocketed higher Wednesday amid fears diesel exports from Primorsk in March might be stranded...
2 Mar 2022
Crude oil futures Wednesday continued the relentless surge higher as Russia’s attack on Ukrainian cities intensified...
2 Mar 2022
Portuguese refiner Galp will stop buying Russian oil products following Russia’s invasion...
2 Mar 2022
European fuel oil refiner margins hit fresh lows by the European close on Wednesday as the...
2 Mar 2022
The European Union is considering banning all Russian vessels from entering its ports as...
2 Mar 2022
Major Swiss-based oil trading houses Trafigura and Glencore have said they are reviewing...
2 Mar 2022
Energy major Exxon Mobil said Wednesday it plans to cut structural costs by $9 billion a year...
2 Mar 2022
US oil stocks dropped again last week to exacerbate the tightness of the global oil market...
2 Mar 2022
Dutch TTF natural gas futures – the European benchmark – soared as much as 55% at...
2 Mar 2022
US crude oil stocks fell in the final week of February amid a rise in exports and increased...
2 Mar 2022
ExxonMobil has become the latest energy company to sever its ties in Russian oil and gas projects...
2 Mar 2022
Dubai physical crude prices Wednesday registered further huge gains, storming to eight-year highs...
2 Mar 2022
The OPEC+ oil producer group has agreed to hike output by a further 400,000 bpd in April, again in line with market expectations, despite calls for...
2 Mar 2022
The one-off 60-million-barrel release of crude from strategic reserves announced Tuesday is dwarfed by the potential magnitude...
2 Mar 2022
Japanese crude oil refiners boosted their kerosene output by 50% on the week...
2 Mar 2022
Russian Urals crude oil differentials in Northwest Europe slumped to fresh record lows Monday, as the threat of further sanctions and credit issues...
2 Mar 2022
Indian refiners are seeking alternatives to Russian crude oil amid concerns that direct sanctions could cut off supplies, while financial, shipping and...
1 Mar 2022
fears over a distillate shortage in Europe after the Russian diesel export program from Primorsk in March...
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