Crude Oil News

A senior White House official has strongly criticized 'Big Oil' for raking in huge profits in the wake of Russia's invasion of Ukraine...

Diesel refiner margins soared to their second-highest print on record at the European close on...

Crude oil futures Thursday were little changed, largely maintaining the post-OPEC+ gains as the demand recovery and tightening supplies...

OPEC+ is set to remove all production curbs in August, according to new research from Fitch Solutions...

Middle East crude resumed the upwards trend Thursday, registering fresh three-month highs...

The IAEA's board of governors has officially rebuked Tehran for undeclared materials at its controversial sites and removing

Crude oil imports into China rose 3% in May compared to a month earlier despite the scores of...

Canadian authorities have introduced fresh restrictive measures against Russian oil, gas and chemical industries...

Brent crude futures ended the cash market close in London up 2% on the day to end the day...

Oil prices could rise above current levels of around $120/b in coming years as supply-side constraints more than offset the impact of...

Crude oil futures Wednesday were trading nearly 3% higher as Brent consolidated well past $120/b, with analysts and trading firms increasingly...

Litasco, the trading arm of Russia's second-largest oil company Lukoil, is considering moving its trading headquarters...

US SPR crude oil stocks fell by a record 7.2 million barrels in the first week of June to levels...

US WTI Midland crude oil will be reflected in the North Sea Dated Brent benchmark assessment from June 2023...

Middle East crude resumed the upwards trend Wednesday, while distillates cracks started to show weakness for...

Oil prices are "nowhere near" their peak as an impending rebound in Chinese demand is likely to further tighten the global supply/demand balance...

Japanese inventories of gasoline and gasoil fell sharply at the start of June as more volumes...

Global energy prices are expected to remain high through 2023 as a result of economic recovery and Russia's invasion of Ukraine...

Global oil markets are facing a "parabolic" rise during the second half of the year which will...

Crude futures nudged $1/b higher by the cash market close in London on Tuesday, rising for...