Europe Crude Oil News

Saudi Arabia's crude production remained constrained in September on recently extended OPEC+ cuts...

Goldman Sachs expects oil prices to average $76/b in 2025 as bearish fundamentals weigh on short-term risks to supply under the new Trump...

Middle East crude opened the week slightly lower as prices remained under pressure, but lower crude prices helped lift gasoil margins...

French oil product demand recorded its highest October total since at least 2019, industry data showed Monday...

Money managers continued to increase net long exposure in gasoline futures last week beyond the six-month-high mark, shrugging off...

Crude oil futures were trending lower Friday, with markets heading for weekly declines after struggling to rebound from the losses...

Quantum Commodity Intelligence – Benchmarks lost their footing Friday, ending the week lower despite having risen consecutively over the past...

European gas prices jumped Friday after Austria's OMV said Russia will cut off fuel deliveries on Saturday morning

Spain's Moeve reported a third-quarter loss Friday, its second this year, as weak refinery margins and a drop in domestic sales...

Middle East crude prices resumed the downward slide Friday to leave benchmarks lower on the week, but product margins were still...

Imperial Oil and Suncor are both shutting down unspecified units for planned maintenance at their Sarnia refineries in Ontario, Canada...

Benchmark crude oil futures edged higher Thursday as the EIA showed steep draws in US product inventories, while diesel cracks climbed...

Crude oil futures Thursday were little changed for a third session, as fears over sluggish demand growth and a soaring dollar...

US gasoline stocks recorded a surprise, sharp draw last week as both domestic demand and exports jumped over the period...

Products held in the ARA region reached a five-month high this week as blenders pulled more gasoline into the region to meet higher export demand...

Poland's Orlen reported a near wipe-out in third quarter earnings Thursday, as it blamed bad investment decisions taken by prior....

Spain's road fuel consumption fell to a three-month low in September, official data showed Thursday, as summer travel demand retreated...

The IEA raised forecasts for global oil demand this year but lowered its outlook for 2025, as short-term strength in European gasoil demand...

Austria's OMV has been awarded a €230 million settlement in a dispute with Gazprom over Russian natural gas imports...

Large French diesel tenders were heard traded at heavy discounts Thursday, with supermarkets snapping up cheap volumes...