Oil Market News

Crude futures started the week lower in European trade while ICE gasoil and Eurobob gasoline cracks consolidated recent gains...

The largest group of oil producers in America are bracing for well-shut ins as pressure mounts from weakening prices in a volatile market that's…

The US Environmental Protection Agency has issued a waiver to allow gasoline that uses a 15% ethanol blend...

EBOB gasoline cracks were testing fresh eight-month highs Monday, boosted by reports of disruption at Nigeria's Dangote refinery...

The US is targeting three fuel vessels and their owners for violating rules on the import of refined products...

Asian physical spot LNG prices continued to struggle at around one-year lows heading into the final few days of April and what is typically...

Vitol has launched a new co-processed very low sulfur fuel oil offering to its customers amid growing demand for low-carbon fuels driven by EU reulations...

Throughput on the Shell-operated Mars Oil Pipeline Company's offshore system in the Gulf of Mexico...

Marine fuel 0.5% sulfur cracks in Singapore rose to $4.37/b against Brent futures on Monday, the highest since mid-February, supported by...

Spain's Repsol-owned Petronor said Monday it has been forced to shut all units at its Bilbao refinery...

Japan's largest utility and top LNG importer, Jera, is weighing up a long-term investment in the giant Alaska LNG project, a senior company...

Middle East crude prices slipped for a third straight session Monday as Dubai continued to surrender ground to Brent, while the...

Deliveries of jet fuel and gasoline in the UK reach fresh highs in February, according to official data, helping offset slower diesel demand...

Nigeria's Dangote refinery has dismissed reports that its 200,000 bpd gasoline-producing RFCC unit was offline, saying it was still loading...

Iran's oil export hub of Bandar Abbas was rocked by a huge chemical explosion over the weekend, killing over two dozen and injuring hundreds...

Speculative investors rushed to cover short positions in crude oil futures last week amid signs of an easing trade tension between the US and...

Phillips 66 completed upgrades at two of its US refineries in the last quarter, giving it flexibility for crude...

Crude oil ticked higher for the second straight day on Friday to end the week

Crude oil futures were initially in retreat Friday and heading for a weekly decline but showed a late-day rally despite tariffs and OPEC+...

US oil and gas rotary drilling activity rose for a second week, as rig counts in the Permian Basin held...