Americas Crude Oil News

US oil and gas rotary drilling activity rose for a second week, as rig counts in the Permian Basin held...

The Department of Interior (DOI) has unveiled plans to shrivel up the permitting process for energy...

Schlumberger (SLB) expects to record 25% margin growth for the year, assuming oil prices remain...

Energy industry services provider Schlumberger (SLB) reported that its first quarter revenue fell after...

Guyana's oil production eased to 627,000 bpd in March, down 3% from February, according to energy ministry data...

Middle East crude prices were lower for a second session amid uncertainty on OPEC+ output, a move that leant support to margins at the...

Crude oil futures were slightly higher as markets faced mixed signals with the growing prospect of easing trade tariffs offset by OPEC+ discord...

Valero's fuel import permit for Mexico was briefly suspended earlier this month because of a government...

A sharp rebound in upstream M&A activity in the US lifted first-quarter deal value to $17 billion, the second-strongest start to a year since 2018...

Middle East crude prices retreated for the first time this week amid discord within OPEC+, while gasoline continued to firm...

The US government is considering slashing tariffs on Chinese goods in a bid to ease the current trade standoff, according to the Wall...

Benchmarks lost their footing on Wednesday after Kazakhstan warned that its crude oil output would be determined based on national interests...

Crude oil futures were lower, having surrendered earlier gains after Kazakhstan said it would not reduce oil production, jeopardising the...

US commercial crude oil stocks gained for a fourth week but rose by the smallest amount since April 2021...

US gasoline destocking accelerated last week as demand surged around the holidays, outpacing higher domestic runs...

Iran has hit back at new US sanctions which further target Iran's energy sector, saying the measures show a "lack of goodwill"...

Middle East crude prices increased for a third session to extend the upwards trend, while the Hi5 spread slipped back below $50/mt...

Dutch tank storage group Vopak has yet to see any major change to supply chains from US tariffs, but said it was well-positioned...

Australia's Woodside Energy is "progressing at pace" towards the final investment decision on its Louisiana LNG export project in the US....

Activist investor Elliott Management has disclosed a stake of just over 5% in BP and is calling for deeper spending cuts and asset sales...