U.S. oil futures on Wednesday marked their lowest settlement price of the year so far after official data revealed a weekly ...

U.S. crude oil inventories increased for the first time in 10 weeks, beating analyst’s expectations, as exports fell and ...

M barrels. Crude inventory change: 3.5M barrels vs. -1M barrels for the week ended Jan. 17. Consensus estimate 2.200M.

Traders say for the time being the price cap imposed on products that trade at a premium to crude, principally diesel - which ...

Commodity trading house Gunvor's global head of crude trading Benoit Roulon has left the company, four sources familiar with ...

Saudi Arabia's state oil company Aramco bought its first cargo of WTI Midland, a U.S. crude oil grade that underpins the ...

Sweeping US sanctions on Russia’s oil industry are unlikely to result in a “large hit” to production, as higher freight rates ...

Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue ...

In 2024, crude oil inventories dropped by more than 12 million barrels, according to the API’s inventory data, with the ...

The crude oil markets are a little soft in the early hours of Wednesday, as the market is waiting for the crucial Federal ...

The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States, the Africa Report ...