Oil Market News

Nominations to ship on North America's Enbridge Mainline crude pipeline system in April were not apportioned...

Crude oil futures were climbing higher as investors eyed geopolitical developments, although the economic outlook...

Crude and product prices were higher Thursday with geopolitical tensions at the forefront, while OPEC+ released an updated compensation...

OPEC has issued a revised program for compensation cuts, broadening the number of OPEC+ countries subject to reduced output...

Canadian crude shipped to the US via pipeline jumped to an eight-month high in January, official data showed Thursday, notable as US President...

ExxonMobil has lodged a formal protest with federal regulators over Colonial Pipeline's plans to change...

il product inventories in the ARA recorded another sharp fall this week as seasonal destocking continued, with declines in fuel oil, gasoline and diesel...

The US Treasury has added more ships linked to trading Iranian with China and a 'teapot' refinery to its sanctions list as part of a wider...

European natural gas futures were consolidating the week's healthy gains amid declining inventories and the uneasy truce...

Norway's crude oil and concentrates production declined in February, preliminary figures showed Thursday, with total liquids output hitting...

Nigerian crude has been rerouted through an alternative line after an explosion shut the Trans-Niger Pipeline (TNP) on Monday...

Middle East crude resumed the upward trend Thursday after faltering in the previous session, while distillate margins were firmer for...

China's crude oil refining capacity is expected to drop to around 900 million mt per year and stabilise there as more independent...

A small fire has been contained at Phillip 66's LA refinery, the company said overnight...

Motiva Enterprises plans to restart the fluid catalytic cracking (FCC) and alkylation units at its Port Arthur refinery on Thursday following...

President Donald Trump's letter to Iran's Supreme Leader included a two-month deadline for a nuclear deal, according to the Axios website...

The leaders of over a dozen top Canadian energy companies have asked the country's top political strata...

A Chevron executive said company investments in the renewable fuels space are on hold as the company awaits clarity on federal tax incentives...

The US central bank kept its benchmark federal funds rate unchanged in its meeting earlier Wednesday but warned...

US ethanol exports hit a six-week low last week, while there was a draw in domestic inventories despite a production increase...