Crude Oil News

Crude oil futures ended the cash market close in the green for the third straight day on Friday...

Negotiations to restore the Iran nuclear deal have ground to a complete standstill with the US and Iran unable to resolve the row of the status of...

Crude oil futures Friday were trading higher, extending the previous session's gains on expected tighter sanctions against Russia, although China’s...

China’s LNG imports are set to contract in 2022, with analysts WoodMac cutting their forecast from an...

US major ExxonMobil booked Q1 earnings of $5.5 billion in the first quarter of 2022, more than...

A US Senate panel will consider as soon as next week a bill to open the OPEC oil production group and countries working with it to lawsuits for collusion on...

The April monthly average price for benchmark Middle East Dubai crude retreated 7% versus the previous month...

Dubai crude oil prices rallied strongly for the final trading session of the month Friday, while jet cracks...

Crude oil futures Thursday moved into positive territory on reports that Germany will end its opposition to an EU embargo on Russian oil...

Brent ended the cash market close at a four day high on Thursday as reports suggested...

Germany said it ready to stop buying Russian oil, clearing the way for a European Union ban on crude imports from Russia...

UK distillate stocks hit their lowest levels since 2008 even before the war in Ukraine broke out...

Taiwan’s crude imports and refinery run rates dipped slightly in February but remain ahead of Covid-era...

All of TotalEnergies’ crude oil refineries in Europe will run flat out in the second quarter of this...

Middle East crude prices were slightly higher Thursday, while diesel cracks continued to rally amid soaring demand...

Sembcorp Marine (Sembmarine) and Keppel Offshore & Marine (O&M) are merging to form one of the world’s largest offshore energy players...

Energy major ExxonMobil has declared force majeure on its operations at the Sakhalin-1 project, with the firm no longer in a position to...

Crude oil futures eased from earlier highs Wednesday amid a stronger dollar, but were up on the day as focus pivoted to Russian energy supplies...

European product cracks rallied by the Wednesday close as the EU came closer to agreeing on...

ADNOC plans to produce 1.5 million bpd of crude for export from its giant Murban oil field by the start of 2023