Europe Crude Oil News

24 Oct 2024
East of Suez crude markets extended the week's firmer tone as benchmark Dubai posted the highest price since mid-month, while...
24 Oct 2024
The IMF trimmed GDP forecasts in China as macroeconomic weakness continues to grip the nation...
23 Oct 2024
Benchmark crude oil and products retraced gains made earlier this week as EIA data showed a large build in US crude inventories, while the market...
23 Oct 2024
East of Suez crude markets were higher Friday as benchmark Dubai posted the biggest daily gain in three weeks, while the fuel oil market...
23 Oct 2024
Crude oil futures Wednesday were in retreat, but managed to hold on to most of the back-to-back daily increases of 2%...
23 Oct 2024
Goldman Sachs has maintained its average price outlook for Brent crude futures at $76/b during 2025...
23 Oct 2024
High sulphur fuel oil (HSFO) ARA barge cracks turned positive again on Tuesday, shooting more than $4/b higher versus Brent...
23 Oct 2024
Brokerage BGC has bought rival OTC, the owner of Oil Brokerage, in a deal that has seen the wave of deals between cash-rich brokerages in the...
22 Oct 2024
Crude oil futures were higher, having overturned earlier losses as focus stayed on the Middle East...
22 Oct 2024
Benchmark crude oil prices rose 3% Tuesday on escalating tensions in the Middle East, while diesel cracks rebounded from recent lows...
22 Oct 2024
The low-sulphur gasoil (LSGO) futures curve has flattened with forward months shifting into contango again for the first time in a month...
22 Oct 2024
Equinor shutdown production at its Sleipner B platform Tuesday on reports of smoke coming from the unmanned North Sea natural gas facility...
22 Oct 2024
East of Suez crude markets were little changed Tuesday as markets looked for direction, while there was firm bidding on show in the...
22 Oct 2024
Canadian crude shipped to the US via pipeline sank to a one-year low in August, official data showed Tuesday...
21 Oct 2024
Crude oil futures opened the week slightly firmer as benchmarks recovered following last week's partial unwinding of the geopolitical premium...
21 Oct 2024
Shell said Monday there was no impact to operations after a pipeline at its Bukom refinery in Singapore spilled up to 40 mt...
21 Oct 2024
Benchmark crude oil prices rebounded Monday as escalations in the Middle East conflict compounded with expectations of imminent Israeli retaliation...
21 Oct 2024
Portuguese oil product demand was sharply higher last month as both gasoline and diesel recorded strong growth on the year...
21 Oct 2024
Vitol's Asia CEO Mike Muller will retire in 2025, handing over the reins to Kieran Gallagher, Managing Director of Vitol Bahrain...
21 Oct 2024
Middle East crude opened the week slightly lower as markets caught up following the Brent retreat after Asia had closed on Friday, while East...
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