Europe Crude Oil News

14 Oct 2024
The amount of crude oil and oil products flowing through the Bab el-Mandeb, tumbled by more than 50% in the first eight months of...
14 Oct 2024
OPEC has once again cut its forecast for global oil demand Monday, marking the group's third consecutive downward revision to their outlook...
14 Oct 2024
Middle East crude opened the week lower as Israel continued to hold off on an expected strike against Iran, while demand in the gasoline...
14 Oct 2024
French oil product demand inched higher last month as consumption moved away from summer travel towards industrial activity and heating.
14 Oct 2024
Pemex's Deer Park refinery in Texas was running at reduced runs over the weekend as US officials launched an investigation...
11 Oct 2024
Crude oil futures Friday were slightly lower, but heading for a second week of gains as geopolitical tensions...
11 Oct 2024
Quantum Commodity Intelligence – Crude and products edged higher Friday as the market primed itself for an imminent escalation in conflict...
11 Oct 2024
OPEC and its allies cut oil production by 500,000 bpd in September, but largely as a result of the temporary shutdowns in Libya...
11 Oct 2024
Middle East benchmark Dubai crude ended the week slightly higher, consolidating the firm October trend...
11 Oct 2024
Crude oil prices in Asia were higher as concerns over potential supply disruptions underpinned the broader oil recovery, while the inverted...
11 Oct 2024
BP has added its name to the list of refiners telling investors to expect lower-than-expected returns this quarter, pointing to a weaker...
11 Oct 2024
Pemex has shut units at its 312,5000 bpd Deer Park refinery in Texas after a gas leak killed two workers and injured others...
10 Oct 2024
Quantum Commodity Intelligence – Crude and products reversed yesterday's losses as US attempts to divert Israeli attacks away from...
10 Oct 2024
Crude oil futures on Thursday were sharply higher, as markets remained on edge over Israel's anticipated military strike against Iran...
10 Oct 2024
Oil products stored in the ARA trading hub fell 1.2% in the seven days to 10 October, as swelling inventories of gasoline and jet were outweighed...
10 Oct 2024
Wildfires have shut-in up to 100,000 bpd of oil production in the US state of North Dakota...
10 Oct 2024
Six former Glencore employees, including the commodities giant's former head of oil, will have to wait until at least 2027...
10 Oct 2024
Crude stored in EU-16 countries dropped to its lowest level since the early 1990s last month, Euroilstock data showed Thursday...
10 Oct 2024
Crude oil prices in Asia were marginally lower Thursday as markets steadied at lower levels, while the gasoline physical market continued...
9 Oct 2024
Crude and products extended this week's losses Wednesday as de-escalating tensions in the Middle East started to unravel the war risk...
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