Crude Oil News

Operations at the Russian oil refinery in Novoshakhtinsk were suspended after a fire broke with...

Crude oil futures Tuesday were higher on the day as oil markets continued to claw back losses from last week's sell-off...

European gasoline refiner margins rebounded to a one-week high by the close on Tuesday on the...

Crude oil output in Kazakhstan has slumped 20% so far in June versus the May average to an at-least 2-year low amid...

Vitol CEO Russell Hardy said that global consumption of gasoline and jet fuel were still below 2019 levels and that the market could expect to see high prices for...

Taiwanese crude oil imports hit a five-month low in April despite the government stepping away from...

A UK subsidy of Swiss trading house Glencore pleaded guilty in a UK court on Tuesday to seven counts...

Middle East and Asian crude prices rebounded Tuesday, underpinned by firm products markets...

Exxon Mobil Corp. said global oil markets could remain tight for another three to five years due to the lack of investment...

Norwegian oil production in May fell to its lowest level since the start of the pandemic amid ongoing...

The US is in talks with allies to further restrict Russia's oil revenues by placing a cap the price it would get for its crude, US Treasury Secretary...

The sanctions imposed by the EU and the US on Russia following its invasion of Ukraine have affected 75% of its banks...

European diesel cracks jumped to their second-highest print on record of $65.9/b by the European...

Crude oil futures Monday were trading up on the day following the previous week's sharp losses, which came after wider economic concerns outweighed...

Ecuador's state-owned oil company Petroecuador declared force majeure following widespread protests...

Saudi Arabian crude oil exports hit a fresh pandemic high in April as crude oil production rose while...

Sinopec Shanghai Petrochemical Co will keep its 320,000-bpd refinery and cracker unit shut while...

After a week of claiming Libyan oil production tumbled to record lows of 100,000 bpd, the nation's oil minister...

Reports claiming that Norway state-owned producer Equinor is reviewing its commitment to drilling...

The number of short positions held in Brent futures by money managers has fallen to the lowest...