Oil Market News

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

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

Mexico's state-owned oil company Pemex reported that its liquid hydrocarbon production averaged 1.615 million bpd...

Below is a list of monthly averages for key Quantum refined oil product assessments...

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...