Oil Market News

US commercial crude oil inventories gained another week, while fuel stocks continued their losing...

CVR Energy is in the process of starting up its Coffeyville, Kansas, refinery after completing maintenance...

The Pipeline and Hazardous Materials Safety Administration (PHMSA) is seeking feedback for plans...

Crude oil futures were under pressure for a second session as the tariff standoff and broader concerns ever the global economy weighed...

Benchmark crude oil futures extended losses on Tuesday as stalling trade negotiations between the US and China emboldened concerns of oversupply...

Alaska North Slope crude oil production averaged 425,734 bpd in March, a 1% decline from the month prior...

US midstream giant Enterprise Products Partners expects oil and gas operators in the Permian Basin to...

A rush to lift cargoes ahead of tighter sanctions on Venezuelan crude has seen a flurry of unusual tanker activity in the region, including...

BP will spend $500 million less this year than previously guided because of lower oil prices as the UK major reported a weaker...

Scotland's only oil refinery at Grangemouth has ceased crude oil processing operations, operator Petroineos confirmed in a statement on Tuesday...

UK refinery output slumped to four-month lows in February, as falling upstream production compounded the gradual wind-down...

The Brent/Dubai cash spread moved back into positive territory Tuesday for the first time in two months, with the flip attributed to...

Spain's Repsol declared force majeure because of a power failure at one of its refineries almost a week before...

Washington's surge in protectionism has dampened the outlook for international air cargo markets, the Association of Asia Pacific...

Middle East crude prices dropped for a fourth trading session Tuesday as Dubai came under additional pressure, but lower crude prices sent...

Spain's oil companies were starting up refineries Tuesday with power supply restored after an unprecedented blackout...

The global oil refining industry is entering a final phase of expansion before peak oil demand pressures the sector into long-term...

US refiner CVR Energy reported a net loss of $105 million in the last quarter compared with a net income of $90 million the year before...

Flows on the Capline crude oil pipeline averaged 143,010 bpd in March, up about 7% from the month...

Crude futures opened the week lower with initial optimism that trade talks were progressing soon dashed after China denied that Xi Jinping..