Crude Oil News

China imported a record amount of Russian crude oil in May as the world's largest importer sought...

Middle East crude prices were sharply lower Monday, playing catch-up with the Brent retreat in...

QatarEnergy has awarded its monthly Al Shaheen tender for August at sharply higher premiums to the Dubai benchmark...

Iraqi Oil Minister Ihsan Abdul Jabbar said Sunday that the ceiling for exports will reach 3.8 million barrels per day in June and...

Crude oil futures Friday were in sharp retreat with markets failing to hold firm gains made during the previous-session's rebound, as...

European gasoline cracks ended the week at a three-month low, as the fall in Eurobob swaps outpaced...

Middle East crude prices rebounded Friday after the rally in Brent futures, while distillate cracks continued to...

Production of crude oil in India dipped slightly in May but remained above target amid a strong performance from...

Middle East crude oil finished the week ending 17 June over 2% lower, retreating from the previous-week's three-month highs after...

Crude oil exports from Libyan oil terminals have continued to flow this week, indicating that...

President Joe Biden has renewed his attack on the oil industry in an interview with a news agency, contending oil firms have benefited from soaring energy prices...

North Sea oil and gas producers have told UK chancellor Rishi Sunak they are rethinking projects in Britain...

Crude oil futures Thursday rebounded in European late trade on reports that the OPEC+ producer alliance, including Russia, would...

Thursday saw another day of heavy losses in the Brent market as interest rate rises triggered...

Nigerian crude oil and condensate output continued to slump in May, coming under pressure...

Iraq's oil production fell for a second consecutive month in May with output declines from fields both under federal control and in the Kurdistan region...

Russia's crude oil production may continue higher in July after making a solid recovery so far in June, while a ramp up...

Russia's participation in the OPEC+ oil producer group could last beyond the agreement's expiry at the...

Middle East crude prices retreated further on Wednesday although they proved more resilient than...

Oman's Sultan Haitham bin Tariq al-Said has replaced the country's long-serving oil minister Mohammed...