Europe Oil Market News

Brent crude oil futures moved comfortably back above the $70/b level Wednesday as the market waited on the outcome of discussions...

US gasoline stocks slumped last last week as domestic demand climbed above the 9 million bpd mark for the first time this year

OPEC has maintained its outlook for global oil demand growth in 2025 at 1.45 million bpd, although conceded that a tariff-led trade war...

Russia's crude oil exports have risen sharply over the past month, indicating that the rollout of fresh sanctions has had little impact...

Transatlantic diesel exports are seen sharply higher this month after a lull in January and February, with the arb open to Europe...

Gasoline stocks in EU-16 countries reached a one-year high last month, official data showed Wednesday, while all other refined products fell as refinery activity slowed on seasonal maintenance

Spain's refined oil product inventories posted a sharp build over the month in January, official figures showed Wednesday, even as refiners...

Middle East crude prices were little changed Wednesday, while the gasoil crack slipped to its weakest against Brent since December...

Iraq's SOMO has reduced the OSP on its key export grade for Asia in April, following the broader regional trend of lower differentials...

Yemen's Houthi group said Wednesday it will resume attacks on "any Israeli vessel" in the region unless Israel ends its blockade...

US crude oil production growth will likely slowly decline and output reach a plateau later this decade, according to ConocoPhillips...

Crude oil futures were nudging higher but Brent remained around the $70/b mark on Tuesday as US tariff policy continues to...

Ukraine said Tuesday it is ready to accept a US proposal to start an immediate 30-day ceasefire with Russia and for negotiations to...

Benchmark crude oil futures edged higher on Tuesday, supported by a weaker dollar that improved demand prospects, while LSGO cracks...

The EIA sees a tighter oil market than previously thought as sanctions on Iran and Venezuela...

Kuwait's crude production capacity is expected to rise to 4 million bpd by 2035 from its current level of...

The Ukrainian military said Tuesday it had successfully attacked the Moscow Oil Refinery and damaged the Druzhba...

A 59-year-old man has been arrested on suspicion of gross negligence manslaughter in relation to Monday's collision...

European natural gas futures were consolidating at recent firmer levels Tuesday amid uncertainty around the Russia/Ukraine peace talks and...

he naphtha arb between west and east of Suez has turned notionally positive again this week and its widest since mid-January...