The American Petroleum Institute reportedly shows a surprise build of 1.23M barrels of oil in U.S. commercial stockpiles for the week ending November 29, after API reported a 5.93M-barrel draw a week ...

Oil futures were steady in early Asian trade as market participants await the outcome of an OPEC+ meeting later this week.

Cushing inventories—the benchmark crude stored and traded at the key delivery point for U.S. futures contracts in Cushing, Oklahoma—rise by 112,000 barrels, according to API data, after falling by 734 ...

Commercial crude stocks probably fell by 1.2 million barrels to 427.2 million barrels in the week ended Nov. 29, according to the average estimate of nine analysts and traders. Seven expect a decline ...

In the wake of the demand collapse and lower refinery utilization rates, storage levels for crude oil have finally peaked and are starting to decline as the economic recovery from COVID-19 begins.

and storage facilities. Tankers offer profitable targets for pirates as they contain a highly valuable commodity and play a ...

A total of 8.1 million barrels of stolen crude oil, and 86,500 MT of illegally refined AGO were recovered by operatives of ...

SET-listed Prima Marine, a provider of marine transport as well as crude oil and petroleum product storage, expects a better performance next year, driven by long-term charter contracts and a focus on ...

Senator Heineken Lokpobiri, on Wednesday, said Nigeria's quest to boost crude oil production is making significant strides, ...

Using satellite imagery, they are using a simple way to monitor the occupancy crude oil storage facilities around the world. The key is in the construction of large capacity crude oil storage tanks.