Europe Oil Market News
5 Feb 2025
Benchmark crude oil futures were in retreat on Wednesday as investors braced for escalating global trade tensions, while LSGO futures...
5 Feb 2025
TotalEnergies' CEO Patrick Pouyanne ruled out any investment in the UK's North Sea because of the legal problems...
5 Feb 2025
Crude oil futures Wednesday were in retreat on broader demand concerns, but markets remain volatile amid mixed pricing signals...
5 Feb 2025
South Africa's Sasol warned investors Wednesday to expect a sharp drop in earnings, with repairs to its Natref refinery expected...
5 Feb 2025
Lukoil's 300,000 bpd Volgograd refinery shut down on 3 February following a drone attack that damaged a key distillation unit and...
5 Feb 2025
Middle East crude prices rebounded after the US threatened a clampdown on Iranian exports, while structure in the naphtha curve has firmed...
5 Feb 2025
Equinor expects European natural gas markets to remain tight over the years ahead as escalating geopolitical tensions intensify global...
5 Feb 2025
Refined oil product deliveries into the Spanish market from Exolum terminals sunk to the lowest in nine months in December, latest figures...
5 Feb 2025
Norway's Equinor has resumed output at Europe's largest oil field, Johan Sverdrup, after it was knocked offline Tuesday by a power outage
5 Feb 2025
A Ukrainian drone strike overnight hit oil storage tanks at the Albashneft refinery in Russia's southern Krasnodar region, igniting a...
4 Feb 2025
Benchmark crude oil futures rebounded Tuesday as markets braced for restored US pressure on Iran and escalating global trade tensions...
4 Feb 2025
Fuel oil barge trades surged in Tuesday's cash session with liquidity tripling on the day, as traders scrambled for volumes in the wake...
4 Feb 2025
Crude oil futures rebounded on reports that Donald Trump was expected to target Iran with new legislation, lifting benchmarks off...
4 Feb 2025
US President Trump is expected to sign an executive order Tuesday tightening sanctions on Iran, sending oil prices sharply higher on the day.
4 Feb 2025
European natural gas futures eased back slightly from recent 15-month highs, but the onset of colder weather and a sustained cold...
4 Feb 2025
Shipments of marine fuel to Singapore fell sharply in January, as narrowing price spreads between Europe and Asia reduced arbitrage...
4 Feb 2025
Austria's OMV warned investors it was unlikely to see a recovery in refinery margins this year as it struggles to compete in an overcrowded...
4 Feb 2025
Crude oil output in the Canadian province of Alberta reached an all-time high of 4.26 million bpd in December...
4 Feb 2025
Middle East crude prices resumed their downward trend Tuesday as global markets retreated after US tariffs were paused, while the...
4 Feb 2025
Crude oil output from core OPEC members eased by around 70,000 bpd in January after a further decline in Iraq offset modest gains in...