Europe Crude Oil News

Middle East benchmark Dubai crude soared to fresh three-month highs as buyers in Asia scrambled to cover potential shortfalls...

Middle East crude markets raced to three-month peaks as the early-2025 price rally continued, while gasoil hit fresh five-month highs...

Crude oil futures rebounded from earlier lows on reports that the outgoing Biden administration was set to introduce a fresh round of sanctions...

Benchmark crude oil futures rebounded Thursday as the cold snap tightened its grip on the Northern Hemisphere, helping LSGO to reach...

Middle East shipping risks are likely to surge under a potential second Trump presidency, consultancy Ambrey said in a report...

Shell will take a $400 million hit on one of its major offshore ventures in Namibia after the project was deemed commercially unviable...

Middle East crude prices rowed back Thursday, catching up with the Brent retreat after Asia had closed in the previous session, while...

Benchmark crude and product futures retraced earlier gains Wednesday on a stronger dollar, while US inventory data painted a decisively...

Crude oil futures Wednesday rowed back from earlier three-month highs as bearish EIA inventory report wiped out earlier gains...

Shell and ExxonMobil warned investors this week of underwhelming results for the fourth quarter as declining production compound weaker...

Spain's imports of US crude oil surged to their record levels in November, preliminary trade data showed Wednesday, despite domestic fuel...

Middle East crude prices surged to fresh three-month highs Wednesday on potentially tightening availabilities, while spot gasoil touched...

Oil production from the 12 core OPEC members eased during December as reductions in the UAE and Iran offset increases from Libya and...

Crude oil futures Tuesday were climbing higher, overturning earlier losses following reports that a key Chinese port is set to ban sanctioned...

Benchmark crude oil futures continued their ascent Tuesday despite concerns about escalating US-China trade tensions...

Middle East crude prices eased slightly from the three-month highs Tuesday after the rally in benchmarks ran out of steam...

Crude oil output from core OPEC members eased by just over 100,000 bpd in December after the UAE reined in production...

Goldman Sachs said Chinese demand for crude oil could drop further in the coming week as independent refiners in the country continue to...

Speculative bullish sentiment in the crude oil and diesel market continued to improve into the end of 2024 as money managers shifted their...

Benchmark crude oil futures were rising for a sixth consecutive session Monday as markets braced for the colder weather gripping much of the...