Crude Oil News

US gasoline inventories rebounded from last week's lows, led by higher Atlantic coast stocks...

 Commercial crude stocks in the US climbed 0.3% (+1.4 million barrels) to a six-week high

Dubai cash for November delivery was assessed at $92.70/b for 21 September, $0.15/b higher on the day

The German government has taken near-complete control of Uniper, nationalising the country's largest natural gas importer...

The Bank for International Settlements (BIS) has warned high oil prices as a result of restrictions on Russian exports...

A low-pressure weather system currently making its way across the Atlantic has been given a 90% chance of intensifying...

Norwegian crude oil production rose for a third straight month in August to hit its highest since...

Crude oil futures were on the rise in early trading on Wednesday morning, bolstered by Russia's declaration of...

Brent crude futures were trading around the $90/b mark again Tuesday, as markets braced for an expected US...

Saudi Arabian crude oil exports hit a fresh pandemic high in July as production ramped up while...

Vietnam's crude oil imports were back up in the first half of September, hitting their highest levels in over...

Competition between the two largest crude oil exporters heated up in August as they both fought to...

Middle East crude prices Tuesday were higher, largely tracking the rebound in Brent futures, while distillate...

Taxing oil companies and capping energy bills are not long-term solutions to the global energy crisis, according to...

Crude oil futures Tuesday were slightly higher but remain prone to sharp swings amid uncertainty over short-term direction...

Pakistan is in talks with Russia on the possibility of importing Russian crude oil on a deferred-payment basis...

The US Department of Energy will extend the timeline for the sale of 180 million barrels of crude oil from the SPR...

The UAE has accelerated plans to raise its oil production capacity 5 million bpd as it tries to cash in on...

Brent futures rebounded from earlier losses Monday with oil markets again torn between recessionary fears on the one side, pitched against...

Middle East crude prices Monday started the week slightly lower, while the backwardation in the...