Europe Crude Oil News

ICE Brent crude futures dropped below $70/b Tuesday for the first time in three years as OPEC added to oil demand...

OPEC made further downward revisions to their forecast for global oil demand growth in 2024 on Tuesday, marking the cartel's second...

Oil markets have become increasingly desensitised to geopolitical events with sluggish demand growth and low refining margins...

US natural gas futures steadied Tuesday after Monday's retreat, as speculators weighed the effects of Storm Francine on LNG demand...

Middle East crude markets were again under pressure Tuesday as Dubai posted fresh 2024 lows, but HSFO backwardation steepened amid...

Azerbaijan's crude oil output slipped to its lowest level in over four years last month as crude and condensate slipped 6% on the month to...

OPEC and its allies trimmed back production in September as field maintenance in Kazakhstan and political upheaval in Libya...

Mexico's Pemex has been forced to shut at least two secondary units at its Salina Cruz refinery after a fire killed two workers over the weekend...

Iraq's State Oil Marketing Organization (SOMO) has reduced Official Selling Prices (OSP) on its key export grade for Asia in October...

US producers were evacuating employees from drilling rigs in the Gulf of Mexico Monday with Storm Francine threatening up to 2 million...

Last week's rout in crude and product futures continued Monday on lingering demand concerns...

Crude oil futures Monday were edging higher with benchmarks rebounding from yearly lows as traders eyed the latest storm threatening the US Gulf coast...

The Litvinov refinery in the Czech Republic has reopened after the discovery of a bomb on its property and is expected to return to full...

Middle East crude opened the week lower as markets caught up with the Brent retreat after Asian markets had closed Monday, a move...

Crude prices slumped to fresh lows Friday with the decision by OPEC+ to push back its planned production hikes to the end of the year...

Crude oil futures Friday tumbled to fresh yearly lows after investors largely shrugged off the OPEC+ decision to defer...

Saudi Aramco has reduced the Official Selling Price (OSP) for the flagship Arab Light crude loading in October...

Middle East crude benchmarks extended the summer-long downwards trend as broader macroeconomic concerns outweighed any...

India's refined product demand stalled in August, official data showed Friday, dragged lower by a slump in diesel...

Middle East crude prices were little changed as markets steadied in the second half of the week, while the selloff in gasoline margins and flat...