Crude Oil News

Benchmark crude oil futures opened the week higher on Monday as Washington announced further exemptions to global tariffs, while LSGO...

Enterprise Products will return its Midland-to-ECHO 2 (M2E-2) pipeline back to crude service this...

South Bow is restarting its Keystone crude pipeline on Monday, after completing repairs following a leak...

The Port of Corpus Christi in Texas has seen its crude export levels stabilize around the 2.3 million-2.45 million bpd level...

The Eagle Ford shale region in Texas will produce increasingly large quantities of gas while its oil output...

The US and Iran held the first direct talks in years over the weekend in a final bid to find an agreement on Tehran's nuclear ambitions...

Russia expects crude oil production to remain broadly flat through 2050, according to the country's newly published Energy...

OPEC has trimmed its forecast on oil demand growth for this year as the tariff war takes its toll on global trade an consumption...

Azerbaijan's crude oil output was up 5% on the month in March at 462,000 bpd to reach its highest levels since December amid a...

BP has made an oil discovery in its joint-venture Far South field, some 120 miles off the coast of Louisiana, the company...

Motiva briefly shut its gasoline-producing FCC unit at the Port Arthur refinery over the weekend after a flaring incident triggered post-startup...

OPEC and its allies increased crude output during March, leaving group production more than 300,000 bpd above its collective target...

Middle East crude prices opened the week higher, catching up following the Brent rebound after Asia had closed in the previous session, while...

Saudi Arabia could face a budget shortfall of more than $76 billion by 2026 if oil prices slump below $40 a barrel...

China's crude oil imports rose sharply in March as refiners rushed to secure supply ahead of possible US crackdowns on sanctioned barrels...

Sweeping US tariffs sparked a sharp retreat from long positions in crude and refined product futures last week as recession fears for the global...

South Bow is targeting to restart its Keystone crude pipeline and restore deliveries on Tuesday after...

Western Canadian Select (WCS) crude discounts ended the week only slightly lower as low inventories...

US rotary drilling activity skidded after explorers once again scaled back activity in the prolific Permian...

Benchmark crude oil futures drifted higher on Friday as markets digested Washington's decision to place global tariffs plans on ice but remained...