Crude Oil News

The EU has backed away from a price cap on natural gas and has instead aimed to raise more...

The Japanese government is set to lower its gasoline subsidy from this Thursday, it announced on...

Crude oil futures Tuesday were lower amid choppy trading, giving up earlier gains after US consumer prices rose in August...

Oil prices are trading around their 15-year average and are priced fairly for now, although they are more likely...

Crude retreated on Tuesday as higher-than-expected US inflation pushed economic concerns...

Oil trading giant Vitol Group has smashed its previous record by making more profit in the first half of 2022 than...

Iraq's State Oil Marketing Organization has cut Official Selling Prices for Asia in October while trimming Dated Brent-related premiums to Europe...

Russia's energy revenues slumped in August and government spending soared, eating into a budget surplus...

OPEC is sticking to its upbeat view on the global economy, despite minor revisions to some countries, notably China...

Hurricane futures will be relaunched next year as an alternative to traditional traded industry...

Middle East crude prices Tuesday maintained the firm upwards trend, while HSFO differentials continued to fall amid...

Gasoline feedstock low-sulphur vacuum gasoil (LSVGO) is seen increasingly heading into..

The first transactions on the benchmark cash Brent contract have been concluded using the GT&Cs of oil major BP, in break from

US oil output in the Permian Basin will hit an all-time high of 5.413 million bpd in October as production in the...

OPEC+ producers subject to quotas raised their output by only 30,000 bpd in August and undershot their combined target...

Crude oil futures Monday were climbing higher after recovering from earlier lows...

Crude rebounded further on Monday as the market weighed up demand concerns...

Two months after agreeing to explore price limits on Russian oil sales, G7 countries are still trying to recruit more countries to join...

Investment bank UBS cut its Brent forecast by $15/b on Monday, citing lockdowns in China and resilient Russian exports...

London's financial markets will be closed on 19 Sept, following an announcement of a UK public holiday to mark the funeral of Queen Elizabeth II...