Crude Oil News

Brent crude futures were broadly stable on the day, with April Brent pegged at $114.70/b by...

The world is facing a global recession if the war in Ukraine drags, pushing energy prices higher...

Saudi Arabia’s cabinet highlighted Tuesday "the essential role" of the OPEC+ agreement in bringing balance and stability to oil markets

Non-fossil fuel-based energy will make up a fifth of China’s total energy consumption by the...

Crude production in India fell 2.2% in February compared to the same month a year earlier as the...

Middle East crude markets closed higher Tuesday with Asia pricing before the sharp European sell off...

Fitch Ratings has raised its oil price forecasts for 2022-2023, reflecting significantly increased risks of supply disruptions of...

EU fuel subsidies aimed at shielding consumers from higher pump prices have an outsized benefit for...

Brent crude futures rallied almost $8/b on the day and was valued at $115.12/b by 1630...

Crude oil futures were up over 6% Monday as the latest talks between Russia and Ukraine failed to find a breakthrough...

Russia has responded to reports that Europe is considering a further round of sanctions against it...

Global scheduled airline capacity fell this week to a one-month low as the rapid spread of Covid-19 across...

Processing at Sri Lanka's Sapugaskanda oil refinery has been suspended for a third time as the state-controlled Ceypetco has run out of crude...

Industrial action at an oil refinery in California is to put further pressure on products supply to the...

Crude oil and oil production volumes traded by Swiss-based trading house Vitol rose 7%...

Saudi Aramco said it will raise its capital expenditure to as much as $50 billion this year and will continue to lift...

Middle East crude markets maintained the firm upwards momentum gaining around 3% Monday, while...

Norwegian energy company Equinor has reopened its Snorre B oil and gas platform following an earthquake...

Speculative net length in WTI crude futures fell in the seven-day period to March 15, according...

The world’s three largest oil service companies will either halt new investments in Russia...