Crude Oil News

Crude oil futures Tuesday were little changed, with Brent consolidating around $119.50/b as markets focused on tight supplies and dwindling...

A structural supply deficit in the global oil market has not been resolved and will mean crude oil prices rallying further...

While Russia will be likely to shift its crude oil flows away from the EU to other buyers, it will...

Crude oil production at Libya's largest oil field of El Sharara was halted again late on Monday after...

Middle East crude prices were little changed Tuesday but largely consolidated post-OPEC+ gains, while distillate...

Vietnamese crude oil imports fell to fresh lows in May as domestic oil production started...

Crude and natural gas liquid production in Brazil ticked higher by 0.3% in April with continued gains in offshore fields...

Spanish crude oil imports jumped 9.2% on the month in April to narrow the gap to pre-Covid...

Venezuela's oil exports last month dropped to the lowest level since October 2020 as maintenance at the country's main oil port...

European distillate cracks jumped $8.50/b by the Monday London close following reports...

Crude oil futures Monday were slightly lower although markets consolidated most of the post-OPEC+ gains as supply-side concerns underpinned...

The national average price for US retail gasoline prices surged to a fresh high of $4.87 per gallon Monday...

Taiwanese refiner and importer CPC Corporation has accepted the delivery of a carbon-neutral crude cargo...

A fire at the UK's largest crude oil refinery owned and operated by US energy major...

Russia will be able to blunt the effects of a European ban on insuring its seaborne exports aimed at cutting...

Citibank has raised its quarterly oil price forecast for 2022 and 2023 as protracted talks between Iran and...

The total number of short positions held by money managers in the WTI and Brent crude oil...

Middle East crude prices started the week on a solid footing after the Saudi OSP release, while deals...

India is set to further increase crude oil imports from Russian oil with state-owned refiners eager to take in more heavily-discounted barrels...

A senior delegation from Iraq's northern Kurdish region is scheduled to travel to Baghdad on Monday...