Americas Oil Market News

Mexico's PMI has raised its so-called K factor used in its formulas to price nearly all its grades sold internationally...

Middle East crude prices posted two-week highs amid heightened geopolitical tensions, while the selloff in the Asian distillates market...

Venezuela's state-owned PDVSA will independently manage production and exports from its largest oil joint venture once...

Chevron has bought 15,380,000 of Hess Corp common stock at existing market prices in open market deals, the major said in a filing with the Securities and Exchange Commission (SEC)...

The National Hurricane Center (NHC) reported Monday a low-pressure weather system some 700 miles northeast of the northern Leeward Islands...

Gas pipeline projects that were completed last year added nearly 18 bcfpd of new capacity for the industry...

Quantum Commodity Intelligence - Crude oil futures opened the week higher to touch their highest level in a fortnight after the US...

Goldman Sachs lowered its oil price forecasts through 2026, citing slowing US economic growth and increased OPEC+ output, reversing...

Crude oil exports from Vancouver via the Trans Mountain Pipeline Expansion (TMX) are currently running at an all-time high...

Middle East crude prices opened the week higher amid a spike in regional tensions, while marine fuel prices continued to come off further...

Iran has pledged to maintain crude oil exports after the US announced a fresh round of measures last week, saying that Western sanctions cannot...

Speculative investors continued to unwind their bullish positions in the Brent crude futures market during the week ending 11 March as oversupply...

The US military launched airstrikes on a number of Houthi targets over the weekend, further destabilising the region and threatening...

The US rotary drilling activity held steady for the week of March 14, after it slipped the week prior...

Williams Partners is keen on reviving the canceled Constitution gas pipeline project in the Northeast only if...

Crude oil futures were higher on Friday and were on course to end the week flat as a quick end to war in Ukraine remained elusive, stemming...

Ecuador's state-owned Petroecuador has been forced to shut one of its main crude oil pipelines to investigate...

US natural gas futures eased Friday to extend weekly losses as a spell of warmer weather overturned early-week gains...

Diesel cracks extended losses in the West of Suez market this week as oversupply concerns accelerated amid macroeconomic fragility...

Singapore's HSFO spot prices fell on ample supply with weakness expected to persist next month on rising imports...