Americas Oil Market News

A sale of a lease in the Gulf of Mexico (GOM) by the Bureau of Ocean Energy Management (BOEM) in 2023...

US crude oil production in January this year fell to the lowest volume since February 2024 after severe...

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

Enbridge shut its Line 5 pipeline Sunday afternoon after severe weather tripped power supply across northern Michigan, according to a spokesman Ryan Duffy.

A consortium led by infrastructure group BlackRock to buy more than four dozen ports, including...

The US has moved to revoke authorisations for foreign companies working with Venezuela's state oil firm PDVSA, escalating its push to...

Crude futures were trading near one-month highs Monday as the market weighed threats from US President Donald Trump to impose...

BP has made a Final Investment Decision (FID) for a gas project and made headway into another discovery...

Throughput on the Shell-operated Mars Oil Pipeline Company's offshore system in the Gulf of Mexico...

Global airline seat capacity is projected to reach 493.8 million in March, up 9% from the same month in 2024, according to data from...

Crude output in Brazil reached its highest level in over a year last month as the South American giant continues to recover after losing...

Asia commentary and pricing are suspended Monday for the Eid-al-Fitr and Hari Raya Puasa holidays in Singapore. A normal...

The US rotary drilling activity eased lower after the producers in the Permian Basin took down a few...

Crude oil futures hovered near one-month highs on 28 March, on track for a third straight weekly gain, as tightening global supply...

Enbridge expects to federal and state permitting and challenges against some awarded permits for its Line 5...

Diesel margins fell under pressure in the West of Suez market this week as concerns over the implications of Washington's tariffs...

Cracks on EBOB barges jumped sharply higher on the seasonal transition to premium summer grades this week...

Middle East crude prices posted a third week of gains to leave benchmark Dubai at monthly highs for the May25 contract expiry, boosted by...

Dubai crude spiked to fresh monthly highs Friday after a solid week, while refined product prices showed little initial reaction to news of...

Brazil's crude processing fell for a second straight month in February, with refined product output hitting its lowest level since May 2024...