Europe Crude Oil News

US refiner Phillips 66 shut at least two units at its 265,000 bpd Sweeny refinery in Texas on Friday because of a power loss, the company said...

Crude oil futures opened the week lower to extend the price slide that has now wiped over 7% from headline Brent prices....

A large fire appeared to rip through the Khartoum oil refinery at the weekend, Sudan's largest, caught in the middle of bloody...

At least four independent Chinese refineries, known as 'teapots', were reported Monday to have closed crude units after...

Kazakhstan has sent its first crude oil shipment from the Kashagan field through the Caspian Sea to Azerbaijan's port of Baku, state-owned...

Middle East crude prices retreated for a sixth straight session Monday as the run of steady declines continued into the shortened week...

Shell reported a small fire and a spill of up to 30 litres of crude oil at its 404,000 bpd Pernis refinery over the weekend but said it would...

Swiss testing giant SGS and France's Bureau Veritas have abandoned merger talks aimed at creating a $33 billion leader in the global...

Freight rates for very large crude carriers (VLCCs) on key Middle East-Asia routes have surged this month on robust crude buying by...

Diesel and crude oil futures market extended rallies during the week ending 21 January as traders continued to price in the shockwaves from...

Benchmark crude oil futures extended losses Friday to post the first weekly decline of the year, while LSGO cracks rebounded on returning supply...

Crude oil futures were nudging higher Friday although benchmarks were heading for the first weekly decline in a month...

Middle East benchmark Dubai crude rowed back from recent six-month highs following a sequence of steady declines...

Adnoc will not be returning to the Red Sea anytime soon, with the key shipping route still seen as a risk, according to a senior...

Middle East crude prices retreated for a fifth straight session Friday as gradual declines saw Dubai drop 3% over the week, while...

Tight US supply has started pulling diesel from Europe for the first time in about a year, with freezing temperatures in the US Gulf...

An unplanned outage has forced a crude unit offline at Germany's largest refinery, the 310,000 bpd MiRO plant in Karlsruhe...

US President Donald Trump has called on OPEC and Saudi Arabia to reduce oil prices, claiming that lower crude costs would help end...

A Ukrainian drone strike late Thursday targeted Rosneft's Ryazan refinery, 180km southeast of Moscow, triggering fires and a wave of...

The global shipping industry faces stranded asset risks worth $400 billion as vessels and new orders are set to emit double the carbon permitted...