Oil Market News

Canada's Parkland Corp is planning on completing a divestment of its assets by the end of this year in response to calls from its largest shareholder...

Benchmark crude oil futures witnessed a correction on Thursday as markets retraced a steep sell-off that had sent prices sliding to...

US President Donald Trump on Thursday granted another one-month suspension of tariffs on Mexican imports from...

South Bow is seeing "extreme" demand for Canadian heavy crude from markets in the US Gulf Coast...

Crude oil futures Thursday were pulling away from multi-year lows, finding some support after the week's sharp selloff...

A record 190,000 mt of Mexican high sulphur fuel oil (HSFO) is making its way to Europe this month...

Refined oil product inventories stored in the Amsterdam-Rotterdam-Antwerp (ARA) trading and blending hub increased for the first time in a...

South Bow received approval in early March from the US Pipeline and Hazardous Materials Safety Administration...

Brazil's crude output recovered to a four-month high in January to hit 3.5 million bpd as the South American country's offshore production...

India's consumption of refined oil products rebounded in February, provisional data showed Thursday, with steep increases in LPG, gasoline...

European natural gas futures extended the near month-long slide Thursday amid milder temperatures and growing expectation...

Singapore's fuel oil stocks slumped 12% last week to their lowest levels since October amid tight supply of HSFO in the region that has...

Asia Pacific airlines witnessed sustained growth in international passenger markets at the start of the year as leisure travel surged during the...

China's refined oil product exports this quarter are projected to be significantly lower than last year as poor refining margins continued to weigh on...

The trading desk of the UAE's Adnoc made its debut in the Platts Dubai Market on Close (MOC) window on Thursday...

Dubai slumped to fresh three-year lows as the Middle East market played catch-up with Brent, while the selloff in marine fuel showed no...

China's road fuel consumption is expected to drop at least 50% from current levels by the end of the next decade, as oil demand peaks this...

Oil production from the 12 core OPEC members increased for the first time in three months during February led by gains in...

The Texas Railroad Commission has issued wildfire warnings for oil and gas producers and midstream operators...

President Donald Trump's plans to refill the Strategic Petroleum Reserve and do it "fast" barely..