Crude Oil News
10 May 2022
Crude oil production by OPEC and its partners slumped to a six-month low of 41.58 million bpd in April as...
9 May 2022
Crude oil futures Monday came under strong selling pressure amid uncertainty over the EU's timeline for phasing...
9 May 2022
Crude futures reversed three days of gains by the London cash market close on Monday as EU...
9 May 2022
Crude oil imports into southeast Asia biggest economy – Vietnam – rose 30% in April as domestic...
9 May 2022
Global crude oil trade flows are set for a major shift if the EU follows through on threats to embargo...
9 May 2022
The combined net length held by money managers trading the WTI and Brent crude oil...
9 May 2022
The European Union is set to weaken its sanctions package on Russian oil after a weekend of wrangling, though it aims to keep a key provision on shipping that would...
9 May 2022
Nigerian oil production in April fell to its lowest level so far this year as an ongoing force majeure...
9 May 2022
Middle East crude oil prices opened the week little changed as traders digested the Saudi OSPs for June, while...
9 May 2022
Crude oil imports into China rose 7% on the year in April, with reaching 10.47 million bpd...
9 May 2022
The force majeure declared by Anglo-French energy company Perenco at the Cap Lopez oil...
9 May 2022
Japan will slowly phase out oil imports from Russia while maintaining its interests in oil and gas projects in the Russian Far East...
9 May 2022
Saudi Aramco has sharply cut its Official Selling Prices (OSPs) for June-loading crude oil for Asia, after backwardation in the underlying Dubai...
9 May 2022
ADNOC has reduced OSPs for May-loading crude, with its flagship Murban crude set at $104.58/b, down...
6 May 2022
Crude oil futures Friday were trading higher as the EU continued to work on its sanctions package against Russia that will likely have a major impact on...
6 May 2022
Brent crude oil futures rose $2/b on the day, shrugging off reports that the EU is likely...
6 May 2022
The European Commission has proposed changes to its planned embargo on Russian oil to give more time to...
6 May 2022
Brazil's crude oil rebounded 2.6% in March, helped by a large uptick for natural gas liquids and as maintenance...
6 May 2022
Dubai crude finished the week ending 6 May higher, following the bullish global sentiment as...
6 May 2022
Dubai crude oil prices maintained the upwards trend Friday as markets reacted to renewed globa...