Americas Oil Market News

PBF Energy has started bringing several processing units back online at its Martinez refinery in California...

Goldman Sachs has lowered its expectation for crude oil prices as the US introduced sweeping tariffs on its global trading partners, while the market is also...

The US Department of Energy (DOE) has awarded a $1.4-billion contract to Strategic Storage Partners...

Western Canadian Select (WCS) heavy discounts have tightened Thursday unlike similar grades in the...

The US sour Mars Blend's premiums to Nymex oil futures fell after reports OPEC and its allies made a surprise decision to add more oil...

Benchmark crude oil futures slid on Thursday, the unveiling of Washington's latest sweeping tariffs compounding an unexpected hike in OPEC+...

Daily exports of crude from the US stood at 4.30 million bpd in February, up from 3.93 million bpd for...

Oil futures gapped lower at the Asian open Thursday as the market digested the implications of a bigger-than-expected series of...

Naphtha cracks have plummeted in the West of Suez market, with investors monitoring a US-brokered truce between Russia and Ukraine to...

Middle East benchmark Dubai rowed back Thursday as the latest round of US tariffs rocked oil markets, while naphtha prices...

US crude oil, refined oil products and natural gas imports were all left out of a sweeping overhaul of the country's trade policy and look set to...

BP on Thursday announced it has safely delivered its first gas from the Cypre development offshore Trinidad and Tobago...

A federal regulator has temporarily halted Colonial Pipeline's proposed tariff that would end the transportation...

Crude oil output in the Canadian province of Alberta fell for further for the second straight month in February...

Enbridge's Line 5 has resumed service after a planned turnaround on Tuesday, company spokesman Ryan Duffy said...

Benchmark crude oil futures drifted lower on Wednesday as markets braced for further escalation in global trade tensions, while LSGO...

Distillate fuel oil inventories in the United States remained relatively unchanged last week as refiners kept pace with rising demand...

Commercial US crude oil inventories surged last week to the highest since July 2024 after exports plunged...

US gasoline inventories last week dropped to their lowest level so far this year as domestic output slowed, while implied demand...

Oil futures were edging higher during Asian trading hours Wednesday as the market remained on edge ahead of the expected rollout of...