Crude Oil News

US President Donald Trump has reiterated plans to resume buying oil for the Strategic Petroleum Reserve in his first comments on the topic since...

The faltering economic recovery in China is expected to limit refined oil product exports for the rest of 2025 as tight government budgets have already seen...

US commercial crude stockpiles rose 3.34 million barrels for the week ending February 14, according...

Occidental Petroleum (Oxy) expects crude oil output from its Gulf of Mexico (GOM) E&P activities ...

Benchmark crude oil futures climbed for the third consecutive session on Wednesday as investors braced for disruptions to global supply...

Crude oil futures Wednesday extended the week's firmer tone as supply side concerns came back into focus...

Gibson Energy expects to have a connection for its South Texas Gateway Terminal (STGT) in Ingleside...

Tallgrass and Bridger Pipeline have begun an open season seeking binding commitments from potential ...

A potential ceasefire in Ukraine would unlikely increase Russian oil exports even with easing sanctions, analysts at Goldman Sachs said...

Fujairah's refined product inventories slipped 1% in the week to 19 February, falling to 19.9 million barrels as a sharp decline in light distillates...

Middle East crude markets moved higher Wednesday, breaking out of the recent narrow trading range, while the diesel EFS widened...

Swiss-based trading reported lower earnings for a second year as the decline in the commodities and mining sectors continued to weigh...

Oil product inventories in Japan dropped across the barrel during the week to 15 February despite a rebound in crude throughput, data...

Japan's crude oil imports in January rose 8% on the year to 2.63 million bpd...

Australia's refinery output hit its highest level since early 2022 in December, with production bolstered by a big jump in imported volumes...

President Donald Trump has indicated that he may not let Venezuela export crude oil and petroleum products...

Occidental Petroleum plans to divest $1.2 billion in assets in the first quarter of this year from two upstream ...

Enbridge has apportioned nominations for heavy crude shipments on its Mainline system by 5% and...

Diamondback Energy has entered a deal to buy certain subsidiaries of Double Eagle IV Midco for just ...

Brazil's government has approved a decision to join the OPEC+ alliance as an observer, according to the Associated Press, though its...