Europe Crude Oil News

1 Oct 2024
Taiwan has shut its largest ports, grounded flights and reduced some refinery operations as Super Typhoon Krathon...
1 Oct 2024
Middle East crude opened the new trading month lower as faltering demand growth offset political tensions in the region, a move that also pulled margins for...
1 Oct 2024
Ultra-low sulphur diesel (ULSD) loadings at the Baltic port of Primorsk are set to rebound from September's lows...
1 Oct 2024
Abu Dhabi's Adnoc has agreed to buy German chemicals group Covestro in a deal worth up to €12.7 billion ($13 billion)...
1 Oct 2024
The OPEC+ producer alliance has been strategically reducing oil supplies at the cost of market share, in turn keeping...
30 Sep 2024
Crude oil futures opened the week on a firmer footing following an escalation in Middle East geopolitics...
30 Sep 2024
The average price for Middle East Dubai crude retreated in September, as concerns over the the global economy and strong hints that OPEC+...
30 Sep 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
30 Sep 2024
Crude and product prices were higher Monday as Middle East tensions ratcheted higher after Hezbollah's leader was killed in an Israeli airstrike...
30 Sep 2024
The US Federal Trade Commission (FTC) has approved Chevron's multi-billion takeover of upstream producer Hess...
30 Sep 2024
US crude output eased in July as Beryl slammed into Texas as the first of three hurricanes to make landfall so far this year...
30 Sep 2024
Middle East crude closed out the final trading day of the quarter slightly higher, but still booked monthly losses of over 6%, while the product side saw...
30 Sep 2024
Brazil's refined oil product demand hit a record high in August as gasoline, diesel and biofuel sales all jumped on the month...
30 Sep 2024
The speculative positioning on US gasoline futures appeared to have tilted more towards the bullish side last week amid a cocktail of supply concerns, including seasonal maintenance...
27 Sep 2024
Crude futures fell Friday to help wipe out all the previous week's gains, with OPEC+ production quotas in focus...
27 Sep 2024
Crude oil futures in Friday were drifting sideways as traders waited on further confirmation that OPEC kingpin Saudi Arabia and its allies...
27 Sep 2024
Middle East benchmark Dubai crude retreated over the week, after reports that OPEC+ kingpin Saudi Arabia and allies were planning to...
27 Sep 2024
Asian oil markets edged up Friday after the previous session's slump, with gasoil backwardation firming to levels not seen...
27 Sep 2024
Citgo was restarting its 177,000 bpd Lemont refinery in Illinois on Friday after a power outage...
26 Sep 2024
Crude oil futures were sharply lower following a report that Saudi Arabia was set to sideline its alleged $100/b price target...
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