Europe Crude Oil News

Crude oil futures Wednesday were sliding lower, but were again subject to significant swings amid headline-driven trading...

S gasoline stocks recorded its largest drawdown of 2024 last week as demand surged past 9.6 million bpd in between...

The war risk premium that crude markets were pricing in last week has started to unwind, with volatility starting to normalise as Israel...

Russia will take 4 million mt or around 950,000 bpd of domestic refinery capacity offline this month...

Chevron announced an emergency flaring Wednesday morning at its Leviathan gas rig near Israel's coast...

East of Suez crude prices rowed back Wednesday following the broader oil selloff, while a tightening gasoil market pushed cash differentials...

Crude oil futures Tuesday were in sharp retreat from the early-week highs amid uncertainty over Israel's likely response to...

The EIA cut its forecast for crude and oil products prices on Tuesday citing weak global demand...

Crude lost grip of the $80/b handle Tuesday as bearish market signals emerged from the shadows to reignite some downward pressure on prices...

State-owned Qatar Energy on Tuesday signed a 20-year supply agreement with Shell for up to 18 million mt of naphtha...

Libya's National Oil Company (NOC) said Tuesday domestic production of crude oil and condensates had recovered to 1.13 million bpd...

Kazhakstan has revised down its oil production forecast for this year owing to a major overhaul at its largest oil field...

Preliminary statistics from China's Ministry of Transport showed a 4.1% annual jump in domestic trips during its Golden Week holiday...

Asian oil prices were higher Tuesday as markets caught up with the Brent spike after Asian markets had closed in the previous session...

Russian distillate exports are still seeping into Europe, data from LSEG showed Tuesday, despite of the European embargo on the import of...

European refiner OMV was the latest energy company to warn investors to brace for lower quarterly results as it estimated its...

Crude oil futures opened the week firmer with investors again left on tenterhooks regarding Israel's response...

Quantum Commodity Intelligence – Crude built on recent gains Monday as escalating tensions in the Middle East prompted growing concerns of...

Norway expects oil production to climb 5% next year while natural gas output is set to decline by 1.6%...

High global spare capacity, namely from Saudi Arabia and the UAE, should limit the upside to crude prices in the event...