Oil Market News

Crude oil futures were little changed Tuesday, after markets posted solid gains following the breakthrough in US/China trade talks...

Egypt's Suez Canal Authority is reviewing plans to reduce transit fees by 12% to 15% in a bid to win back shipping traffic lost...

Iraq plans to reduce crude oil exports during May and June, although it was unclear how this would impact on overall production...

NRG Energy said it will acquire 18 natural gas-fired power plants from LS Power in a $12 billion deal, as the utility positions itself to meet...

ONEOK expects to restore normal operations to the Kansas segment of its Refined Products System ...

Benchmark crude oil futures opened the week sharply higher on Monday after the US and China agreed to temporarily place most of the tariffs...

Crude oil futures opened the week higher, extending the recent uptrend on hopes of a breakthrough in the US/China trade standoff...

A VLCC has been fixed to load crude this week from Guyana for shipment directly to China, according to people familiar with the matter...

The US Department of Energy will get $1.321 billion to buy petroleum products for the Strategic Petroleum Reserve this year...

Output from Equinor's Johan Castberg oilfield was halted over the weekend to repair a leak, and remained closed Monday...