Oil Market News

Russia on Friday accused Ukraine of destroying a gas metering station in the Kursk region, raising tensions over a fragile US-brokered...

Cracks on EBOB barges jumped sharply higher on the seasonal transition to premium summer grades this week...

Total French E10 sales fell back on the month in February, although daily average sales edged higher and volumes on both a total and daily...

Middle East crude prices posted a third week of gains to leave benchmark Dubai at monthly highs for the May25 contract expiry, boosted by...

The Norwegian Offshore Directorate (NOD) announced on Friday that it had made an oil and gas discovery in the northern sector of the...

Dubai crude spiked to fresh monthly highs Friday after a solid week, while refined product prices showed little initial reaction to news of...

Jet fuel demand in China is expected to extend growth this year, driven by stronger travel demand as air passenger trips are...

The Czech Republic will begin receiving all crude oil imports via the expanded TAL pipeline from April, replacing halted Russian flows through...

Brazil's crude processing fell for a second straight month in February, with refined product output hitting its lowest level since May 2024...

Serbia could lose access to most of its crude oil imports on 29 March if Washington reimposes sanctions on the country's only refinery...

Brent crude's recent rally may be short-lived, with April set to bring renewed supply pressure and weaker fundamentals, Citi said in a note...

The Chinese government has issued the second tranche of clean oil product export allowance for this year, while an additional batch of fuel oil export quotas...

Weekly US natural gas inventories gained for a second week as temperatures have been rising...

US oil and biofuel industry groups have agreed to ask for a minimum 42% increase in renewable diesel and biodiesel blend targets next year...

Brent futures were tracking sideways Thursday, holding near one-month highs after US crude inventories posted...

Crude and product prices inched lower Thursday, unable to hold on to recent one-month highs, as attention turned back to US tariffs...

Jet fuel in has firmed relative to diesel in northwest Europe as the region prepares for another busy summer travel season...

The US was the largest LNG exporter in the world for another year despite unplanned outages at some...

Airlines have removed 320,000 seats from 2025 schedules between Canada and the US this month after bookings collapsed...

Across North America, more pipeline takeaway capacity will be needed to shuttle Canadian crude away...