Americas Oil Market News

The Energy Information Administration (EIA) sees an increasing supply of liquid petroleum fuels through 2026 ...

Crude oil futures Tuesday extended early-week gains as risk-on sentiment returned as traders eyed supply disruptions and winter-led demand...

India is open to buying more Venezuelan crude oil for its booming refining sector and is in discussions to get further deals over the...

Taiwan is planning to purchase more LNG from the US in a bid to reduce its trade surplus, while at the same time broadening its supply network...

Saudi Aramco has for a second month reduced term allocations to customers in China for March loadings, signalling the OPEC kingpin will...

Saudi Aramco-owned Motiva Enterprises has expanded its Port Arthur, Texas, refinery to become ...

Crude production from OPEC+ was marginally lower in January as the producer group makes renewed efforts to keep on top of compliance...

Middle East crude prices were higher for a third session Tuesday, while HSFO cracks continued to firm to a fresh premium against Brent prices....

The Chicago Mercantile Exchange reported five trades have been executed on its newly launched physically-settled ethanol derivatives contract...

Energy Transfer (ET) and South Bow Corp are seeking shipper commitments for a project that will use their respective, existing pipes to transport...

The owner of the Trans Mountain System is waiting for the completion of a navigation project by...

US natural gas futures were consolidating recent gains in the early part of the week with the continent facing two more winter storms...

Texas crude oil production maintained a near-record average of about 5.7 million bpd in January...

Crude oil futures opened the week higher, underpinned by soaring natural gas prices in Europe, although tariffs and sanctions...

Singapore gasoline cracks hit their highest levels since May during trade at the start of the week as expectations of lower exports out of...

Middle East crude prices continued to edge up from one-month lows Monday, while gasoline paper cracks firmed to their highest...

Petrobras Singapore sold its first marine biofuel in the Asian bunker market as the Brazillian state-run oil company aims to take advantage of...

ExxonMobil is restarting a light ends unit at its 565,000 bpd Baytown refinery after it tripped over the weekend

Activist investor Elliott Investment Management has built a stake in BP, a move that could set off a battle over the British energy giant's...

Risk-off sentiment spread across global markets as investors reduced exposure to crude oil futures after the US imposed 10% tariffs on...