Europe Oil Market News

11 Feb 2025
Norwegian oil and gas producer Vaar Energi has raised its production guidance for 2025, forecasting output to exceed 400,000 barrels of...
11 Feb 2025
ExxonMobil's French subsidiary Esso is restarting a unit at its 220,000 bpd Gravenchon refinery after a technical incident...
11 Feb 2025
Ukraine's military have claimed it struck the Saratov oil refinery in a drone attack overnight, setting it on fire...
11 Feb 2025
Crude production from OPEC+ was marginally lower in January as the producer group makes renewed efforts to keep on top of compliance...
11 Feb 2025
Natural gas production facilities have been damaged in Ukraine's central Poltava region following an overnight Russian missile attack...
11 Feb 2025
Goldman Sachs on Tuesday raised its 2025 forecast for TTF natural gas futures by a quarter, with Europe needing to price higher...
11 Feb 2025
Middle East crude prices were higher for a third session Tuesday, while HSFO cracks continued to firm to a fresh premium against Brent prices....
11 Feb 2025
BP on Tuesday promised a major overhaul of its strategy as the struggling UK major reported its worst quarterly results since the pandemic...
10 Feb 2025
Diesel is increasingly attractive as a source of European power generation with natural gas futures hitting $100/boe Monday...
10 Feb 2025
Benchmark crude oil futures opened the week sharply higher as investors sought to capitalise on the recent sell-off, while rising natural gas prices...
10 Feb 2025
US natural gas futures were consolidating recent gains in the early part of the week with the continent facing two more winter storms...
10 Feb 2025
European natural gas futures surged to fresh highs Monday as colder temperatures and declining stocks extended the...
10 Feb 2025
Crude oil futures opened the week higher, underpinned by soaring natural gas prices in Europe, although tariffs and sanctions...
10 Feb 2025
The Ukrainian military said Monday it hit the Afipsky oil refinery in southern Russia in an overnight drone attack...
10 Feb 2025
European natural gas prices could fall by as much as 50% if peace is restored between Russia and Ukraine, Goldman Sachs analysts published...
10 Feb 2025
Middle East crude prices continued to edge up from one-month lows Monday, while gasoline paper cracks firmed to their highest...
10 Feb 2025
Activist investor Elliott Investment Management has built a stake in BP, a move that could set off a battle over the British energy giant's...
10 Feb 2025
An explosion damaged the engine room of the oil tanker Koala at Russia's Ust-Luga port on 9 February, according to local media...
10 Feb 2025
Risk-off sentiment spread across global markets as investors reduced exposure to crude oil futures after the US imposed 10% tariffs on...
7 Feb 2025
Benchmark crude oil futures drifted lower on Friday to mark the third consecutive weekly decline, with attention pivoting toward Trump's...
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