Crude Oil News

A fire at a gasoline storage at the Pemex-operated Salina Cruz refinery in the southern state...

Libya's NOC declared two force majeures on oil production and exports in the past 24 hours after...

Crude oil futures Thursday maintained the week's strong upwards momentum, having reversed earlier losses and...

President Vladimir Putin said Europe currently has no alternative to Russian gas supplies, and any attempt to...

European diesel refiner margins soared $6/b by the Thursday close, its sharpest day-on-day...

Crude futures prioritised fears of a cessation of Russian supply over a big crude build in the US on Thursday...

Dubai crude finished the week ending 14 April around 8.5% higher, as market focus switched back to the production...

Middle East crude prices maintained the firm uptrend ahead of the long weekend Thursday, again playing catch...

Mobility in China monitored by the search engine Baidu has dipped below 75% of March levels over the past...

Libya's National Unity Government, which holds Tripoli and is backed by the UN, has pledged to increase oil...

Crude oil futures shrugged off a build in US stocks on Wednesday with the focus very much...

Crude oil futures Wednesday were trending higher, building on the previous session's sharp gains as focus switched back to the...

Crude oil stock releases, coupled with lower demand in China due to extended lockdowns...

The release of strategic reserves of crude oil helped US stocks rise by 9.4 million barrels in the...

Mexican state-owned Pemex's ample supply of high sulphur fuel oil (HSFO) may not prove a suitable replacement for sanctioned Russian...

Shale drilling awards in the US Permian Basin hit an all-time high in March as crude oil prices...

Azerbaijan's crude oil production rebounded last month from a 20-month low hit in February although it still failed...

The US will produce slightly less oil this year and next than previously expected...

Middle East Dubai crude rallied 4.5% Wednesday, playing catch-up with the previous day's Brent gains, while...

Japanese naphtha and jet fuel stocks fell sharply during the second week of April after...