Europe Crude Oil News

Refined oil product deliveries into the Spanish market from Exolum terminals sunk to the lowest in nine months in December, latest figures...

Norway's Equinor has resumed output at Europe's largest oil field, Johan Sverdrup, after it was knocked offline Tuesday by a power outage

A Ukrainian drone strike overnight hit oil storage tanks at the Albashneft refinery in Russia's southern Krasnodar region, igniting a...

Benchmark crude oil futures rebounded Tuesday as markets braced for restored US pressure on Iran and escalating global trade tensions...

Fuel oil barge trades surged in Tuesday's cash session with liquidity tripling on the day, as traders scrambled for volumes in the wake...

Crude oil futures rebounded on reports that Donald Trump was expected to target Iran with new legislation, lifting benchmarks off...

US President Trump is expected to sign an executive order Tuesday tightening sanctions on Iran, sending oil prices sharply higher on the day.

Shipments of marine fuel to Singapore fell sharply in January, as narrowing price spreads between Europe and Asia reduced arbitrage...

Austria's OMV warned investors it was unlikely to see a recovery in refinery margins this year as it struggles to compete in an overcrowded...

Crude oil output in the Canadian province of Alberta reached an all-time high of 4.26 million bpd in December...

Middle East crude prices resumed their downward trend Tuesday as global markets retreated after US tariffs were paused, while the...

Crude oil output from core OPEC members eased by around 70,000 bpd in January after a further decline in Iraq offset modest gains in...

Shell has restarted production at the UK's offshore Penguins field four years after it was decommissioned...

Equinor has halted production at its Johan Sverdrup oilfield on Tuesday after an unexpected power outage forced operations to be suspended...

Benchmark crude oil futures opened the week lower on Monday after reports that US tariffs imposed over the weekend would be put on ice...

Crude oil futures were in reverse after headline prices surrendered early gains on reports that tariffs imposed over the weekend could be...

Litasco's Neftochim Burgas refinery will begin a three-month turnaround at the end of February

Iraq's parliament has approved legislation that could open the way for a resumption of exports from the semi-autonomous Kurdish region...

Ukrainian drones hit a major Russian oil refinery and a gas-processing plant in the latest escalation of Kyiv's long-range strikes on critical...

The world's largest independent energy trader, Vitol, has projected that global oil demand will maintain its current levels through 2040...