Oil Market News

Speculative net length in Brent crude futures surged in the week to 18 March, snapping a six-week selling streak as investors bet on...

Saudi Arabia's Aramco is expanding its presence in Peru, Ecuador, and Colombia, with the $3.5 billion acquisition of South American retail...

The US rotary drilling activity is back on the rise again, gaining one unit for the week of March 21, according...

Crude and products inched higher again Friday, with Brent and LSGO futures on track for weekly gains, with geopolitics back in focus...

Crude oil futures Friday were little changed as benchmarks headed for weekly gains after a rise in geopolitical...

The Panama Canal Authority has yet to issue guidance on how its Low-Carbon Transit Slot scheme will work with just 10 days to go...

Hundreds of flights were grounded at London's Heathrow on Friday after a nearby substation cut off power to Europe's busiest airport

Gasoline moved broadly sideways this week in Europe and Asia as suppliers weighed an increasingly uncertain summer...

Middle East crude prices posted a third week of gains to leave benchmark Dubai at monthly highs amid rising geopolitical tensions...

Marine fuel cracks were under downward pressure this week as slowing shipping demand and high supply weigh on the market, while...

Thailand's crude imports fell slightly in February, with refiners adjusting procurement amid weaker refining margins and cautious market sentiment, while year-on-year volumes remained higher...

Russia's Rosneft has held talks with several Indian conglomerates to sell its 49% stake in Nayara Energy, the Economic Times reported Friday...

Middle East crude extended the week's steady upwards trend to end on a high, while HSFO markets continued to steady as cargo...

Italian deliveries of gasoline and jet fuel recorded another seasonal high in February, according to official data, while diesel was also up on the year...

European natural gas futures jumped Friday morning on reports of an explosion on a key Russian gas transit point, the Sudzha pipeline that borders Ukraine.

Diesel cracks shrugged off the wider bearish pressure this week, pulling back from a multi-month low as short-term supply tightness shifted back...

The cost of inland shipping on barges across Western Europe has been on an upward tear this week, with water levels at a crucial...

A senior Israeli delegation is set to visit the White House early next week for strategic discussions about Iran and its nuclear program...

Alberta's Premiere Danielle Smith has pushed back against potential constraints on oil and gas exports to the US...

Weekly US natural gas inventories gained for the first time since November as some warmer weather...