Americas Energy Market News
6 Dec 2024
Crude oil futures Friday were drifting lower, as OPEC's decision to stick with current policy for now was met with a lukewarm reception...
6 Dec 2024
Pressures continued to weigh on diesel this week, with cracks on both sides of the Suez unravelling most of last month's gains as refiners put an...
6 Dec 2024
East of Suez prices were slightly lower Friday with this week's OPEC+ decision seen as only enough to maintain current prices, a move that put...
6 Dec 2024
US oil and gas giant Chevron will slash investment in the Permian Basin to between $4.5 billion and $5 billion in 2025, reducing capital expenditure...
5 Dec 2024
Crude oil futures were were little changed with the OPEC+ decision to delay planned output increases seen as only moderately supportive...
5 Dec 2024
OPEC+ will maintain current production quotas for at least another full quarter, the OPEC secretariat said in a statement...
5 Dec 2024
East of Suez prices were lower Thursday, tracking the Brent retreat after Asia had closed during the previous session, ***...
5 Dec 2024
Deliveries of WTI Midland rebounded in the Platts MOC Dated Brent window rebounded during November, setting North Sea benchmark...
4 Dec 2024
Crude oil futures Wednesday were steady as benchmarks consolidated early week gains on growing expectations that OPEC+
4 Dec 2024
US distillates stocks recorded their steepest weekly build in five months last week as diesel production hit fresh five-year highs while demand...
4 Dec 2024
US gasoline stocks climbed for the third straight week as US Gulf Coast refineries ran more crude than at any point in almost six years
4 Dec 2024
US commercial crude oil inventories registered a larger-than-expected draw of over 5 million barrels during the latest reporting cycle...
4 Dec 2024
Washington has confirmed the latest round of sanctions targeting on 35 entities and vessels that it believes play a critical role in transporting...
4 Dec 2024
Spain's imports of Venezuelan crude oil surged to their highest levels in two decades, official data showed Wednesday, as unwinding US sanctions...
4 Dec 2024
Oil production from the 12 core OPEC members increased during November as the continued recovery in Libyan output offset...
4 Dec 2024
East of Suez prices were higher Wednesday as markets caught up with the Brent spike after Asia had closed in Tuesday's session, while the strength was also seen in the...
4 Dec 2024
US crude oil inventories posted the week ending 29 November, while stockpiles of gasoline posted a sharp gain...
3 Dec 2024
Middle East crude were little changed Tuesday as prices moved sideways ahead of the OPEC+ meeting, but jet fuel cracks continued to...
3 Dec 2024
Crude oil futures Tuesday were nudging higher, although benchmarks have largely entered into a holding pattern...
3 Dec 2024
A record number of passengers were recorded at US airports over the Thanksgiving Day weekend, according to the Transportation Security...