Europe Crude Oil News

India's oil product demand was sharply higher in July compared to the same last year as the world's fastest growing large economy...

Omani oil producer and refiner OQ has been forced to close one of two crude units at its 198,000 bpd Sohar refinery for unplanned...

Motiva is expected to keep its gasoline-producing FCC at the massive 640,000 bpd Port Arthur refinery...

Crude and product prices were little moved Tuesday as an early recovery stalled, having sold off sharply...

Marathon Petroleum remains bullish on fundamentals for US refiners as industry margins slim in an increasingly "mid-cycle" environment

Crude oil futures Tuesday continued to pull away from the 2024 lows posted at the start of the week...

Brent crude should continue to see a floor at around $75/b despite the recent volatility in the wider financial market as current demand...

Middle East crude prices edged up Tuesday although markets broadly remained under pressure, but it did not stop naphtha cracks...

TotalEnergies has agreed to divest its Pakistani assets with the sale of a 50% share in fuel retailer Total Parco to Gunvor.

Valero has shut a gasoline-producing FCC at its McKee refinery in Texas for a few days of planned maintenance this week

Local authorities in the semi-autonomous region of northern Iraq have launched a clampdown on unlicensed refining operations in a bid to tackle...

Oil production from the 12 core OPEC members increased during July, as Iraq was again was the primary overproducer despite pledging...

Crude oil futures tumbled to 2024 lows as concerns over global economic growth and slowing oil demand growth...

Crude dropped to fresh multi-month lows Monday, adding to steep losses at the back end of last week on concerns...

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

Libya's 300,000 bpd Sharara oil field was said to be completely shut Monday after employees received orders...

Middle East crude prices slumped to yearly lows Monday as concerns over demand growth took hold, with the selloff dragging the products...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed a fire at an oil well operated by state-owned NNPC...

Chevron has evacuated non-essential personnel from two of its Gulf of Mexico platforms with Storm Debby expected to hit the Florida coast Monday...

A raft of weak economic data coming out of China last week outweighed geopolitical risks in the Middle East, giving investors strong evidence to...