Oil Market News

Ecuador expects to add an additional 12,000 bpd of daily oil output from a drilling campaign that began in June...

Investors were less bullish in NYMEX crude complex after the OPEC alliance opted to unwind more...

The US oil and gas rotary rig count increased a second week after drilling activity in the Eagle Ford shale play...

Crude oil futures rebounded as markets continued to face mixed signals, with potential disruptions to Russian crude flows conflicting with...

Crude and European product prices were higher Friday with sanctions and geopolitical risk back on the agenda...

A multi-year, bumper lease sale scheduled for offshore parcels in the Gulf of Mexico for oil and gas ...

Canada's Suncor Energy is replacing the main flare at its 137,000 bpd Montreal refinery, which entered a six-week turnaround...

European natural gas prices ended a choppy week on a mildly firmer footing as geopolitical events and supply concerns just about got the better of...

Portugal's Galp expanded its hydrocarbons exploration efforts offshore Sao Tome and Principe, in Central Africa...

Singapore VLSFO cracks collapsed to their lowest since September 2023 this week, with the October contract slipping into contango and...