Crude Oil News

European inventories of natural gas are likely enough to last through winter even if flows of gas from Russia's...

Russia has approached several Asian countries to discuss possible long-term oil contracts at steep discounts...

European diesel and gasoil cracks jumped to a near two-month high by the European close of...

Crude oil futures Wednesday were slightly higher, consolidated the week-long rally, which was revitalized Monday after comments from Saudi Arabia...

US distillate stocks fell unexpectedly in the third week of August as exports jumped to a one-month high...

French energy major TotalEnergies has firmly refuted allegations it is implicitly involved in the supply of fuel to the Russian...

Iraq's state oil company SOMO supported Saudi Arabia in saying that thin liquidity and extreme...

The UK did not import any Russian crude oil and diesel in June for the first time since such records...

Indian product exports hit a one-year low in July as crude oil throughput hit its lowest since October...

Russia plans to use Iran as a backdoor to circumvent international sanctions over Ukraine if Tehran's nuclear accord with world powers comes back into force...

Asian crude oil prices maintained the upwards trend Wednesday as Dubai hit three-week highs, while product margins largely failed to keep pace...

Crude oil futures Tuesday were sharply higher as markets continued to react positively to comments from Saudi Arabia that it may cut production...

European diesel and gasoil cracks for this year eased by the European close on Tuesday as ICE...

The sharp contraction in the Brent/Dubai EFS in recent weeks has opened the door for an increase in crude...

South Korean oil refiner S-Oil has been ordered to close four production units at the 580,000...

Production of crude in the world's third biggest consuming nation fell well short of the government...

The Caspian Pipeline Consortium (CPC) has confirmed its terminal on the Black Sea will be hit by fresh...

Asian crude oil prices rebounded Tuesday after Saudi Arabia raised the prospect of a reduction in output, while...

Iranian Offshore Oil Co. (IOOC) aims to implement the first stage of development of the Esfandiar oil field in Iranian waters...

Crude oil futures Monday were sharply lower amid volatile trading as economic concerns and reports of a deal between Iran and Western powers moving closer outweighed...