Oil Market News

South Bow is targeting to restart its Keystone crude pipeline and restore deliveries on Tuesday after...

Western Canadian Select (WCS) crude discounts ended the week only slightly lower as low inventories...

US rotary drilling activity skidded after explorers once again scaled back activity in the prolific Permian...

Benchmark crude oil futures drifted higher on Friday as markets digested Washington's decision to place global tariffs plans on ice but remained...

Weekly US natural gas inventories posted its largest weekly gain since November despite a return...

The US Department of Interior (DOI) sees about 27% more recoverable oil and gas reserves across of the Gulf of Mexico (GOM) than previous estimates as the Trump administration touts opportunities to boost domestic energy supply.

Diesel margins in the West of Suez market displayed renewed signs of strength this week on tightening regional supply, with falling...

Global fuel oil prices collapsed this week, with Singapore and ARA flat values tumbling to multi-year lows after a sharp midweek crude crash...

Middle East crude prices were sharply lower for a second consecutive week as the standoff between the US and China showed no signs of softening...

The Pipeline and Hazardous Materials Safety Administration (PHMSA) is still investigating the cause..

Crude oil futures nudging higher as benchmarks looked to pull away from the week's multi-year lows, which came after the escalation...

US natural gas futures were heading for heading for modest weekly losses, extending the month-long price retreat as North America...

East of Suez oil prices eased again cement weekly losses of almost 8%, while the east-west spread for marine fuel and HSFO both widened to...

Gasoline blending margins jumped higher this week as spreads versus naphtha reached their widest since last summer...

China's domestic demand for gasoline and diesel in 2025 is expected to fall more than previously thought, as rising trade tensions with the US are...

BP expects lower first quarter earnings from trading natural gas, but an improved performance downstream from...

One of the biggest challenges currently facing sustainable aviation fuel blending is the downward trend of aromatics in fossil jet fuel...

Chinese refiners are to scale up purchases of Saudi crude oil in the coming months, taking advantage of lower sale prices from the world's...

China's imports of US propane will slump in a reversal of recent trends as a worsening tariff dispute...

South Bow does not have a restart timeline for its Keystone pipe system, which ruptured near Fort Ransom, North Dakota...