Oil Market News

Benchmark crude oil futures rebounded on Tuesday as markets braced for escalating geopolitical tensions...

North Dakota's crude oil production extended declines for another month in February as cold weather continued to undermine activity.

Global energy service provider Haliburton sees more risks embedded in its market outlook for the rest of this year amid the uncertainty in...

Saudi Arabia ramped up refinery throughput and crude exports in February as production rose to a four-month high, according to data...

US natural gas futures nudged higher for the first time in week Tuesday, but the wave of warm weather across the country continues to subdue...

Gasoline export volumes from key Asian suppliers fell sharply last week, tightening near-term availability...

TotalEnergies announced Tuesday it would cease operations at its Antwerp steam cracker in Belgium by the end of 2027...

Italian deliveries of refined oil products fell by 2% over the year to March, industry figures showed late last week, with declining sales of diesel...

Middle East crude prices posted slim gains for a second session, while backwardation at the front of the gasoline forward curve continued to...

Arrivals of Russian crude oil to India are on track to reach the highest level since last November, amid increased shipments from the Far East...

The CFTC is seeking feedback on allowing round-the-clock derivatives trading and perpetual futures offerings...

Bunker sales from bonded storage in China next quarter are expected to underperform compared to last year, as the escalated trade war between the US and...

Speculators continued to unwind long positions in Brent crude last week, as mounting concerns over a prolonged global surplus and the...

US crude prices fell 2.5% Monday after the long, Easter holiday weekend amid fears the US and China are not making progress...

Crude oil futures opened the week lower following the extended holiday weekend as tariff concerns continued to dominate sentiment...

Talks between the US and Iran on Tehran's nuclear ambitions were seen moving forward after the two sides agreed to a third round...

Ports in the US will begin charging new fees that will increase over time for ships belonging to Chinese...

The Department of Interior (DOI) is looking to develop an expanded multi-year US offshore oil and...

Chevron has begun service at its joint-venture Ballymore oil and gas field in the Gulf of Mexico (GOM)...

Russia and Kazakhstan have held a series of high-level discussions, prompting speculation that Moscow has been tasked with convincing...