Crude Oil News

Goldman Sachs said Thursday that the recent "sentiment and liquidity driven" sell-off in oil and commodities markets offers a...

Oil markets could hit $200 per barrel by the end of the year as historically tight markets struggle to ramp up production and replace lost supply from Russia...

Morgan Stanley upped its Q3 forecast for Brent crude oil futures to $120/b from $100/b before...

European refineries will need to ramp up to their highest crude oil throughput level in the...

Middle East crude markets Thursday were lower on the day, playing catch-up with losses...

The Nigerian subsidiary of energy major Shell is keeping its force majeure on Bonny Light...

The price difference between ultra-low sulfur diesel and gasoil with greater sulfur content in Asia...

Japan's largest refiner Eneos has suspended operations at three of its refineries after Wednesday's powerful earthquake...

At least 10 vessels carrying Russia-linked cargoes of crude and refined products were approaching the United States on...

Europe's largest energy traders have called on governments and central banks to provide "emergency" assistance to avert a cash crunch as sharp price moves triggered by...

Crude oil futures Wednesday were off from the highs as markets gave up earlier gains on China's rising Covid cases and progress on the Iranian nuclear talks...

Oil product refiner margins rebounded sharply on Wednesday as the EIA reported a sharp...

Vietnam is planning to build a third refinery in the southern city of Vung Tau to fully...

Japanese kerosene and gasoil stocks fell to fresh multi-year lows by the middle of March as...

US commercial crude stocks rose 4.3 million barrels last week, leaving inventories in the world's...

Azerbaijan crude oil production in February fell 2.5% on the month to levels not seen...

PKN Orlen, Poland's biggest oil company, has been given the green light by the country's competition watchdog...

The Libyan Prime Minister has urged the OPEC producer group to pump for more oil as the world is...

Asia's run rates and oil demand will come under pressure in coming months on the back of high oil prices and tight feedstock availability, while an abundance of unsold spot...

Japan raised its gasoline subsidy level to its recently increased ceiling of JPY25/litre ($0.21/l) as retail prices...