Americas Oil Market News

Key OPEC ministers have met in Riyadh after President Trump called on the group to pump more oil...

Middle East crude prices retreated for a seventh straight session Tuesady but remained the strongest global benchmark, while jet...

US refiner Phillips 66 shut at least two units at its 265,000 bpd Sweeny refinery in Texas on Friday because of a power loss, the company said...

Crude oil futures opened the week lower to extend the price slide that has now wiped over 7% from headline Brent prices....

- US natural gas futures opened the week around 8% lower amid milder temperature forecasts slowing demand...

Brazilian crude throughput rates at its refineries firmed to their highest levels since the start of the year in December, holding above the 2...

Middle East crude prices retreated for a sixth straight session Monday as the run of steady declines continued into the shortened week...

North American drilling activity declined for a third week and to post a fresh three-year lows, according to Baker Hughes...

Goldman Sachs has increased its 2025 gasoline margin forecasts for key refining hubs while adopting a more bearish stance on diesel...

Freight rates for very large crude carriers (VLCCs) on key Middle East-Asia routes have surged this month on robust crude buying by...

Diesel and crude oil futures market extended rallies during the week ending 21 January as traders continued to price in the shockwaves from...

US President Donald Trump's 25% tariffs on all Colombian goods will increase the cost of roughly 215,000 bpd of crude imports from the..

Crude oil futures were nudging higher Friday although benchmarks were heading for the first weekly decline in a month...

HSFO cracks continued to firm to fresh multi-year highs this week in Singapore as the trade continues to work through the implications...

Diesel fell under pressure on both sides of the Suez this week, with cracks unravelling most of the gains made at the start of the month as...

Middle East crude prices retreated for a fifth straight session Friday as gradual declines saw Dubai drop 3% over the week, while...

The global shipping industry faces stranded asset risks worth $400 billion as vessels and new orders are set to emit double the carbon permitted...

US ethanol stocks hit a ten-month high last week despite a four-month high in exports, according to delayed EIA data...

US diesel stocks fell last week as demand picked up in the days before an arctic blast covered much of the country...

US crude oil stocks were flat in the most recent week amid stable production while increased exports offset weaker refinery runs...