Europe Crude Oil News
6 Nov 2024
Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in December, reflecting lower cash cargo premiums...
5 Nov 2024
Crude oil futures Tuesday were higher as benchmarks initially consolidated and then extended the early-week gains...
5 Nov 2024
Benchmark crude oil futures climbed higher Tuesday as easing oversupply concerns met expectations of escalating conflict in the Middle...
5 Nov 2024
US refiner Marathon Petroleum expects margins to recover next year and beyond as it reported a slump...
5 Nov 2024
Goldman Sachs is expecting refinery margins to recover before the end of the year after a difficult third quarter...
5 Nov 2024
Global demand for road fuels may have peaked but oil sales will continue to grow over the coming decade due to non-OECD demand…
5 Nov 2024
Middle East crude prices were higher Tuesday as benchmarks strengthened after OPEC+ delayed the planned output hike, while gasoil...
5 Nov 2024
An explosion at Tupras' 230,000 bpd Izmit refinery near Istanbul has been brought under control with no injuries...
5 Nov 2024
Oil production from the 12 core OPEC members recovered from 2024 lows during October as Libyan output rebounded, while Iraq led the cuts..
4 Nov 2024
Crude oil futures opened the week firmer after OPEC+ over the weekend announced a one-month to delay to planned production increases...
4 Nov 2024
The volatile situation in the Middle East and broader geopolitical tensions will remain a primary driver of oil prices...
4 Nov 2024
TotalEnergies has upped its global energy demand outlook on rising living standards in the Global South with that rise mostly met by oil and...
4 Nov 2024
Benchmark crude oil futures rose on Monday following the weekend's announcement that OPEC+ would delay planned production hikes further...
4 Nov 2024
Gulf of Mexico oil and gas producers were on alert Monday as another tropical storm makes its way through the Caribbean...
4 Nov 2024
Spain's road transport fuel consumption fell over the month in September as steep declines in gasoline outweighed subtle increases in diesel...
4 Nov 2024
Investors see little prospect of global energy demand growth slowing and have urged more cash is needed to match it to avoid…
4 Nov 2024
US refiner Valero has been fined $82 million by California regulators over toxic emissions at its Benecia refinery...
4 Nov 2024
Crude oil output from core OPEC members increased by 370,000 bpd in October after Libya quickly ramped up to full capacity...
4 Nov 2024
Middle East crude opened the week little changed as Monday's Brent increase cancelled out the late-Friday selloff, while Asia jet fuel tightness...
4 Nov 2024
OPEC+ has further delayed plans to start restoring voluntary production cuts, with eight producers set to keep a lid on output for at least...