Europe Oil Market News

21 Feb 2025
Diesel margins soared to fresh heights in West of Suez markets this week as surging demand compounded supply concerns to tighten market...
21 Feb 2025
Russia has extended gasoline export permits for refiners until 31 August, maintaining exemptions for producers despite earlier discussions...
21 Feb 2025
Middle East crude posted moderate gains to halt a run of four weekly losses, but benchmark Dubai remained locked in a tight range...
21 Feb 2025
Middle East crude markets were little changed heading into the weekend as they consolidated moderate weekly gains, while HSFO...
21 Feb 2025
Italy's fuel consumption in January 2025 decreased by 4.3% year-on-year to 3.8 million mt, primarily due to reduced diesel usage...
21 Feb 2025
Mercuria has signed a deal with Oman to lift 800,000 metric tonnes per annum, starting in April 2025...
20 Feb 2025
Crude oil futures Thursday were firmer, as markets extended the week's solid upwards trend...
20 Feb 2025
Benchmark crude oil futures extended gains on Thursday as attention pivoted toward global supply concerns, while LSGO cracks rebounded...
20 Feb 2025
Italian prosecutors have launched a terrorism investigation into explosions that have struck oil tankers carrying Russian crude, as a series...
20 Feb 2025
Structure at the front of the Singapore HSFO 380 CST paper curve firmed further during Thursday's window as the M1/M2 spread hit its widest...
20 Feb 2025
Spain's Repsol reported a decline in fourth-quarter earnings on Thursday as lower refining margins compounded weakness in middle distillates...
20 Feb 2025
Saudi Arabia's Crown Prince and Russia's President have held talks this week in a call that is likely to have a strong bearing on the next...
20 Feb 2025
Refined oil products inventories stored in the Amsterdam-Rotterdam-Antwerp (ARA) trading and blending hub fell for the third...
20 Feb 2025
Norway's total petroleum resources on the continental shelf increased slightly in 2024, though exploration yielded below-average...
20 Feb 2025
Middle East crude markets were pegged back slightly on Thursday but remained at the higher end of the February trading range...
20 Feb 2025
Norway's crude oil and gas production declined in January, preliminary figures showed Thursday, as extended maintenance at Equinor's...
19 Feb 2025
Benchmark crude oil futures climbed for the third consecutive session on Wednesday as investors braced for disruptions to global supply...
19 Feb 2025
Crude oil futures Wednesday extended the week's firmer tone as supply side concerns came back into focus...
19 Feb 2025
The diesel EFS widened to levels last seen in April during trade on Wednesday as European market strength and closed Transatlantic arbitrage...
19 Feb 2025
Strengthening HSFO cracks in the East of Suez market have drawn increased arbitrage flows from Russia and the Middle East...
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