Crude Oil News

Oil prices initially were modestly higher Wednesday before becoming more rangebound as traders weighed rising US inventories...

Crude oil futures climbed for a third consecutive session on Wednesday as escalating Red Sea tensions overshadowed swelling inventories...

The US has imposed fresh sanctions on 22 entities based in Hong Kong, the UAE and Turkey, accusing them of helping to sell Iranian oil...

US commercial crude oil inventories registered a second weekly gain after another steep build in the US gulf Coast...

Kazakhstan is set to keep its crude oil output steady near record levels out to the year-end, with little sign of slowing production to...

Commerzbank expects crude oil prices to decline later this year as the peak summer demand season end, and OPEC+ completes its...

Middle East crude prices extended the two-week uptrend Wednesday, as distillate structure and cracks started to rise again...

US crude oil production is now expected to decline by 160,000 barrels per day in 2025, settling at 13.3 million bpd by the end of 2026, according...

The Houthis have resumed attacks on Red Sea shipping after more than six months of calm, killing four seafarers and sinking a vessel in...

Marathon Petroleum halted production at its 133,000 bpd El Paso refinery in Texas on Tuesday after a power failure, according to a...