Spot premiums for Murban crude have hit six-month lows on surging supply as the United Arab Emirates ramps up output ...

U.S. crude oil storage demand has surged in recent weeks to levels similar to the COVID-19 pandemic, according to data from ...

Oil futures shake off early weakness and turn higher, while remaining on track for a small weekly loss driven by concerns that OPEC+ will decide on another large output increase for July. A renewal of ...

U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher ...

MIT’s new membrane could slash 90 percent of energy use in crude oil refining, reshaping one of the world’s most polluting ...

Crude futures eased after U.S. crude oil inventories rose for a second consecutive week, sending a bearish signal about ...

Four people were injured in a crude bomb explosion at the park near Jatrabari Police Station in Dhaka yesterday (23 May) around 10:45pm. Confirming the matter, Kamruzzaman Talukder, officer-in-charge ...

Oil prices have staged a decent recovery as the day has progressed following renewed demand concerns to start the week. Click ...

Crude oil inventories in the United States saw an increase of 1.3 million barrels during the week ending May 16, according to ...

The crude oil market continues to see a lot of lackluster movement, as we simply don’t have anywhere to be at the moment. With this, the market is trying to sort out demand, massive oversupply, and ...

Indonesia's Pertamina has been importing Russian crude since last year to its refineries, the CEO of Pertamina's refinery ...

Separating crude oil into products such as gasoline, diesel, and heating oil is an energy-intensive process that accounts for ...