Europe Oil Market News

Phillips 66 warns that some 450,000 bpd of Mexican crude that usually arrives in the US will get redirected to Europe and Asia...

Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...

Benchmark crude oil futures declined further on Friday to post the second consecutive weekly decline, while LSGO cracks firmed on returning...

Diesel showed signs of renewed strength in West of Suez markets this week, with tightening supply balances ushering support for margins...

ExxonMobil extended its position as the world's top energy major by beating analyst forecasts Friday on the back of record Q4...

European natural gas futures surged to fresh 15-month highs as colder weather added to already growing concerns over supplies...

Gasoline struggled to break through its current range this week as its recent recovery looks to have quickly shuttered export arbs...

Crude oil futures were drifting lower, having struggled to hold earlier gains after President Donald Trump reiterated plans to impose tariffs...

Middle East benchmark Dubai crude was down over 2% following another round of steady declines...

HSFO cracks in Singapore strengthened , aided by weaker crude, while marine fuel markets saw narrowing spreads amid limited trade...

European vehicle manufacturers have called on the European Union to take immediate steps to safeguard the industry's competitiveness and...

Deliveries of diesel in Brazil hit a new record high last year, government statistics showed Friday, while gasoline lost ground...

Reports surfaced Friday of a leak at Nigeria's new Dangote refinery, affecting its gasoline-making residual fluid catalytic cracker (RFCC).

Middle East crude prices retreated for an eighth straight session Friday as physical markets, while product cracks...

The International Energy Agency has come under fire this week, with its former Head of Oil slamming the agency over its "fanciful" and...

Ukraine launched another attack on Russian energy infrastructure overnight, setting on fire at least one refinery in the Volgograd region...

A UK court quashed the approvals of two new North Sea oil and gas fields, meaning fresh government consent is needed for drilling...

Benchmark crude oil futures were in retreat on Thursday as the US Federal Reserve kept interest rates steady, while LSGO extended...

Crude oil futures Thursday were little changed as investors were left waiting on US policy regarding tariffs...

Shell kicked off fourth quarter earnings season Thursday with a profit miss, as losses in renewables and chemicals combined...