Crude Oil News

Middle East crude prices continued to recover on Monday, with the moves weighing on middle distillate...

Funds reduced net long positions on crude, gasoline and diesel last week, as Chinese demand concerns...

North American drilling activity decreased slightly in the first full week of September, having registered...

Crude futures Friday were sharply higher, building on the previous-session's rebound, as focus flipped back to supply concerns...

Crude rebounded in trade on Friday, but remained a long way off three figures and all eyes are on OPEC...

Nigerian crude oil production in August fell below 1 million bpd for the first time since early 1983...

Middle East benchmark Dubai crude retreated by more than 4% the week ending 2 September, as global crude markets reacted to...

Vietnamese crude oil imports in August were at their highest in at least the past three years...

Middle East crude prices Friday rebounded from the seven-month lows registered this week, while gasoil cracks failed...

Gasoil inventories in the ARA region this week fell for the first time since the end of July...

Abu Dhabi National Oil Co. (Adnoc) and ExxonMobil are exploring a major expansion of the giant Upper Zakum oil field that might push it well above...

Libya's recovery, along with growth by core Gulf members, drove OPEC+ crude production in August to its highest level since April 2020...

China will tighten Covid-19 restrictions on domestic travel from Saturday until the end of October, covering two public holiday periods and the ruling Communist Party's...

Oil and gas companies are spending only a small amount of their capital expenditure budgets on low-carbon investments this year, despite…

The US Biden administration is not discussing whether to unleash another round of emergency oil from the national stockpile at this time...

Crude oil futures Thursday were cautiously higher, recovering from the seven-month lows...

Crude slipped to a fresh eight-month low on Thursday and product cracks fell, as US stocks..

Inventories of crude, gasoline and diesel all rose in the last week of the official driving season...

Nigerian oil workers are threatening to shut down operations if the government doesn't step up...

An increasingly tight diesel market will keep refineries running full-out for the rest of the year...