Crude Oil News

Abu Dhabi National Oil Co. (ADNOC) has cut Official Selling Prices (OSPs) for October-loading crude, with its flagship Murban grade set at

Middle East crude prices Thursday slumped for a third day although Dubai flipped back above...

A revived nuclear deal between Iran and world powers is off the table and will not be signed in the foreseeable future...

Crude oil futures Wednesday tumbled to seven-month lows as recessionary fears returned as the primary driver of market sentiment...

Diesel futures defied the laws of gravity on Wednesday, rising against a falling crude and gas complex.

New UK Prime Minister Liz Truss told Parliament she wants to see more North Sea oil and gas production to bolster energy security, but also faced calls to tackle...

High-sulphur fuel oil (HSFO) in northwest Europe is now more than $50/mt above the Mediterranean...

S&P Global Commodity Insights (Platts) will include the NuStar Corpus Christi, Texas North Beach terminal as a loading terminal for WTI Midland crude oil in its Dated Brent...

President Vladimir Putin said on Wednesday that Russia will stop supplying gas and oil if price caps are imposed, while adding Russia is ready to supply gas via...

Japanese refiners ramped up output of middle distillates to a six-month high by the start of...

Spain's Repsol has sold 25% of its upstream unit to US institutional investor EIG for $4.8 billion...

Chinese crude oil imports recovered in August after hitting pandemic lows during June and July...

Iraq's lifted August oil output by 67,000 bpd versus July, according to data from state-owned marketer SOMO, but exports from the south of the country continued...

Quantum Commodity Intelligence – UBS sees Brent crude at $125/b by the end of this year and into 2023...

Middle East crude prices Wednesday retreated in line with global benchmarks as Dubai dipped back...

Brent futures Tuesday were lower, largely giving up the solid early-week gains on demand fears as China rolls out...

Front line Brent futures slumped back to seven-month lows in trade on Tuesday as demand...

The gasoline transatlantic arbitrage window sprang into life when underlying paper markets shifted to...

Saudi Aramco has slashed its Official Selling Prices (OSPs) for October-loading crude oil for Asia, largely in line with expectations following a sharp narrowing in the backwardation...

Middle East crude prices Tuesday were slightly lower although benchmark Dubai moved above Brent...