Crude Oil News

Iran has hit back at new US sanctions which further target Iran's energy sector, saying the measures show a "lack of goodwill"...

Kazakhstan's energy minister said the country's national interest takes precedence over OPEC+ commitments, raising fresh doubts about...

Saudi Arabia and India have signed an agreement to establish two oil refineries in India, officials announced on Wednesday, marking a significant...

Middle East crude prices increased for a third session to extend the upwards trend, while the Hi5 spread slipped back below $50/mt...

Dutch tank storage group Vopak has yet to see any major change to supply chains from US tariffs, but said it was well-positioned...

China's oil refining sector is expected to reach maximum capacity this year as demand for some refined products starts to fall amid rapid transition to...

Australia's Woodside Energy is "progressing at pace" towards the final investment decision on its Louisiana LNG export project in the US....

Norway's crude oil production continued to come in ahead of forecast last month, with government figures calling March output at 1.757...

Activist investor Elliott Management has disclosed a stake of just over 5% in BP and is calling for deeper spending cuts and asset sales...

US commercial crude oil and fuel inventories decreased last week, with the key Cushing, Oklahoma...

Crude oil futures were moving higher as prices reversed the early-week selloff, with geopolitical concerns overshadowing the prospect of....

Benchmark crude oil futures rebounded on Tuesday as markets braced for escalating geopolitical tensions...

North Dakota's crude oil production extended declines for another month in February as cold weather continued to undermine activity.

Saudi Arabia ramped up refinery throughput and crude exports in February as production rose to a four-month high, according to data...

Angola's crude oil output slipped below target last month as production slipped almost 2% from February and 8% from a year ago...

TotalEnergies announced Tuesday it would cease operations at its Antwerp steam cracker in Belgium by the end of 2027...

Middle East crude prices posted slim gains for a second session, while backwardation at the front of the gasoline forward curve continued to...

Arrivals of Russian crude oil to India are on track to reach the highest level since last November, amid increased shipments from the Far East...

Russia lowered its oil price and export forecasts for 2025, pointing to tighter fiscal conditions as energy revenues decline and trade...

The CFTC is seeking feedback on allowing round-the-clock derivatives trading and perpetual futures offerings...