Oil Market News

Benchmarks slid further on Wednesday after official data revealed that the US economy contracted for the first time in three years over...

US crude oil production averaged 13.16 million barrels a day in February, according to a data report ...

Distillate fuel inventories swelled in the US last week as steady production faced a weakening appetite for barrels during Easter celebrations...

Spain's central stockholding entity Cores announced Wednesday the release of four days of oil product stocks from storage...

US gasoline destocking continued at a brisk pace last week as demand held above the important 9-million bpd mark for only the third time this year...

US commercial crude oil stocks declined for the first time in five weeks after a jump in exports last week...

Naphtha cracks surged in the West of Suez market after China waived the tariffs tied to US ethane imports in a bid to alleviate the burden...

TotalEnergies chief Patrick Pouyanne has warned all markets are currently in a period of heightened macroeconomic and geopolitical...,

Hess sees its net oil and gas production growing by about 1%-3% in the second quarter amid development ...

Crude oil futures were declining for a third straight session to extend weekly losses to around 5%, amid ongoing demand concerns and tariff...