Americas Oil Market News

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

Serbia could lose access to most of its crude oil imports on 29 March if Washington reimposes sanctions on the country's only refinery...

Brent crude's recent rally may be short-lived, with April set to bring renewed supply pressure and weaker fundamentals, Citi said in a note...

Weekly US natural gas inventories gained for a second week as temperatures have been rising...

US oil and biofuel industry groups have agreed to ask for a minimum 42% increase in renewable diesel and biodiesel blend targets next year...

Brent futures were tracking sideways Thursday, holding near one-month highs after US crude inventories posted...

The US was the largest LNG exporter in the world for another year despite unplanned outages at some...

Airlines have removed 320,000 seats from 2025 schedules between Canada and the US this month after bookings collapsed...

Across North America, more pipeline takeaway capacity will be needed to shuttle Canadian crude away...

Washington's latest tariffs on automobiles may inadvertently boost oil demand by decelerating the shift toward more fuel-efficient vehicles...

Dubai crude pushed up to fresh monthly highs Thursday, broadly following the global trend, while a large build in Singapore fuel oil stocks...

Uncertainty across the US oil patch surged to its highest level since the pandemic as shale executives warned that President Donald...

US ethanol stocks in the Midwest were at a record high, while total exports reached an eight-week high, the latest US Energy Information Administration data showed...

Brent crude futures were edging higher as API reported a draw in US inventories, with the market weighing a ceasefire...

US refiner Phillips 66 on Wednesday responded to a legal challenge brought by activist investor Elliott Management...

Mexico's gasoline imports slumped to their lowest levels in four years in February, buoyed by higher refined product output, which was up 2%...

Argentina's road fuel demand inched higher in February, supported by a rebound in diesel and modest gains in gasoline...

Middle East crude markets were steady Wednesday, consolidating at monthly highs, while distillate cracks bounced to a two-week high...

US commercial crude oil stockpiles fell as did refined products for the week ending March 21, according to the industry...

Six Native American tribes have withdrawn from a federal environmental review of Enbridge's Line 5 pipeline project in Michigan, citing...