Oil Market News

Crude oil futures opened the week steady as benchmarks consolidated the previous week's solid gains ahead of the latest round of...

Middle East crude prices opened the week higher, catching up with pre-weekend Brent gains, while middle distillate margins continued to recover...

Ukrainian drones attacked a Russian bitumen plant in the city of Kstovo over the weekend, setting fire to the unit...

Adnoc has increased OSPs for July-loading crude, with its flagship Murban grade slashed to a four-year low of $62.63/b and a drop of...

Crude oil speculators expanded bullish positions as a string of geopolitical issues offset plans from OPEC+ to continue with its accelerated...

US oil and gas rotary drilling counts continued their spiral lower as operators in key shale basins scaled ...

Oil futures were higher Friday as crude benchmarks headed for solid weekly gains amid rising geopolitical tensions and supply concerns...

Benchmark crude oil futures ended the week higher as markets braced for sustained geopolitical instability and potential relief to...

Volumes on the Capline crude oil pipeline rose for a second month to average 148,484 bpd in April...

Shell has taken a Final Investment Decision (FID) to proceed with its Aphrodite field off Trinidad and Tobago...