Fuel oil imports into the refinery hub on the U.S. Gulf Coast hit a record low in June as tighter global supplies prompted refiners to run more heavy, sour crude.

Crude oil futures traded lower on Monday morning due to factors such as US President Donald Trump’s decision to impose an ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

Saudi Aramco is raising crude prices globally next month despite OPEC+’s decision to significantly increase oil supply.

Canada is moving closer to approving a new oil pipeline from Alberta to the Pacific coast, with strong backing from the ...

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...

Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.

Oil prices dropped slightly on Monday after the OPEC+ group surprised markets by hiking output more than expected in August, ...

Crude oil prices (CL.1) fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in ...

Futures on Wall Street are trading with losses at the culmination of the long Independence Day weekend ahead of US President ...

India’s purchase of Russian crude is driven by commercial intent rather than any geographical consideration, according to AS ...