Europe Oil Market News

The Czech Republic ended a more than 60-year reliance on Russian crude supply after a Prague-area tank farm received this week its first...

Crude oil futures were higher Thursday, extending gains on hopes of a thaw in the US/China trade standoff, while tightening Iran sanctions...

Benchmark crude oil futures extended gains on Thursday on the prospect of easing trade tensions between the United States and China, while...

Australia's Woodside Energy has signed a more than decade-long deal with Uniper to supply the German energy company with 2 million mt...

French oil product demand was seen higher over the year in March on higher gasoline and jet consumption...

Crude oil refining margins in Asia are expected to stay under pressure until at least the end of 2025 as global markets are set to remain...

Middle East crude prices rounded off a positive week Thursday posting a two-week high, with firmer crude prices eating into product cracks...

Benchmark crude oil futures rebounded Wednesday as the United States imposed greater pressure on Iranian oil supply, while LSGO...

European natural gas futures have edged up from multi-month lows this week, although the market remains torn between the impact of tariffs...

Crude oil futures were easing for a second session amid growing concerns on the impact of global tariffs, particularly the standoff between...

OPEC has issued an updated program for compensation cuts, in which serial overproducers Iraq and Kazakhstan have pledged...

Swedish demand for biofuels in gasoline dipped in February after hitting a three-month high, while demand for pure renewable diesel also fell...

Barge freight rates in Western Europe hit a ceiling this week as rising water levels and easing supply constraints potentially pave the way for...

European aviation traffic surpassed pre-pandemic levels for a second consecutive week, averaging 30,706 daily flights, Eurocontrol data...

Middle East crude markets were steady Wednesday as the regional benchmark maintained a healthy premium over Brent, while...

Crude oil futures were little changed with some of the recent tariff-led volatility coming out of the market, while the improvement in equities...

Benchmark crude oil futures were little moved on Tuesday as some of the tariff-driven volatility in the market started to ease, while LSGO...

An outage at OMV's Schwechat refinery halted petrochemicals feedstock production on Tuesday, with flaring reported as the company...

Spain's refineries produced their lowest volumes in two years in February, official figures showed on Monday, pushing crude oil inventories to their...

The International Energy Agency (IEA) has slashed its global oil demand growth forecast for this year and the next, citing deepening trade...