Europe Crude Oil News

Saudi Aramco has cut the OSP for its flagship Arab Light crude loading in December, reflecting lower cash cargo premiums...

Crude oil futures Tuesday were higher as benchmarks initially consolidated and then extended the early-week gains...

Benchmark crude oil futures climbed higher Tuesday as easing oversupply concerns met expectations of escalating conflict in the Middle...

US refiner Marathon Petroleum expects margins to recover next year and beyond as it reported a slump...

Goldman Sachs is expecting refinery margins to recover before the end of the year after a difficult third quarter...

Global demand for road fuels may have peaked but oil sales will continue to grow over the coming decade due to non-OECD demand…

Middle East crude prices were higher Tuesday as benchmarks strengthened after OPEC+ delayed the planned output hike, while gasoil...

An explosion at Tupras' 230,000 bpd Izmit refinery near Istanbul has been brought under control with no injuries...

Oil production from the 12 core OPEC members recovered from 2024 lows during October as Libyan output rebounded, while Iraq led the cuts..

Crude oil futures opened the week firmer after OPEC+ over the weekend announced a one-month to delay to planned production increases...

The volatile situation in the Middle East and broader geopolitical tensions will remain a primary driver of oil prices...

TotalEnergies has upped its global energy demand outlook on rising living standards in the Global South with that rise mostly met by oil and...

Benchmark crude oil futures rose on Monday following the weekend's announcement that OPEC+ would delay planned production hikes further...

Gulf of Mexico oil and gas producers were on alert Monday as another tropical storm makes its way through the Caribbean...

Spain's road transport fuel consumption fell over the month in September as steep declines in gasoline outweighed subtle increases in diesel...

Investors see little prospect of global energy demand growth slowing and have urged more cash is needed to match it to avoid…

US refiner Valero has been fined $82 million by California regulators over toxic emissions at its Benecia refinery...

Crude oil output from core OPEC members increased by 370,000 bpd in October after Libya quickly ramped up to full capacity...

Middle East crude opened the week little changed as Monday's Brent increase cancelled out the late-Friday selloff, while Asia jet fuel tightness...

OPEC+ has further delayed plans to start restoring voluntary production cuts, with eight producers set to keep a lid on output for at least...