Crude Oil News

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...
6 May 2022
The White House has urged caution after a US Senate committee passed a bill that could leave the Organization...
5 May 2022
Spot refining margins for European middle distillates hit a one-week low by the Thursday European...
5 May 2022
Global oil demand is likely to have taken a 1 million bpd hit in the face of cargo rerouting from Russia...
5 May 2022
Russian output losses for crude oil and petroleum products could amount to as much as 3 million bpd and will put...
5 May 2022
Crude oil futures Thursday reversed earlier gains amid jittery trade, initially extending the previous session’s 5% gains...
5 May 2022
The European Commission and 20 industry CEOs have signed a joint declaration committing to increase electrolyser...
5 May 2022
The 233,000-bpd Schwedt refinery – a unit jointly owned by Russia’s Rosneft, UK’s Shell and...
5 May 2022
The Biden administration plans to purchase 60 million barrels of crude oil as the first step in a years-long process aimed at replenishing...
5 May 2022
The OPEC+ producer group stuck to its planned crude oil output increase during its meeting on Thursday, announcing a widely expected 432,000 bpd increase...
5 May 2022
Russia’s crude oil and condensate output fell almost 9% month-on-month in April to 10.05 million bpd, according...
5 May 2022
Dubai crude oil prices rallied 2% Thursday, catching up with gains in Brent, while diesel cracks continued...
5 May 2022
Japan's industry minister has expressed reluctance in following the European Union’s plans to ban oil imports from Russia due to...
4 May 2022
Crude oil futures Wednesday rallied sharply after European Commission President Ursula von der Leyen proposed new sanctions against Russia...
4 May 2022
The backwardation in European middle distillate markets fell sharply by the Wednesday close...
4 May 2022
US product oil product stocks rebounded to a one-month high by the end of April despite a slowdown...
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