Europe Oil Market News

28 Jan 2025
Brent crude prices are expected to remain range-bound at $70-$80/b this year as rising global supply outpaces demand growth, analysts...
28 Jan 2025
Protests shut two of Libya's main oil ports Tuesday, blocking up to around 400,000 bpd or a third of the country's exports...
28 Jan 2025
The European commercial vehicle market presented a mixed picture in 2024, industry data showed Monday, with robust growth in van and...
28 Jan 2025
Key OPEC ministers have met in Riyadh after President Trump called on the group to pump more oil...
28 Jan 2025
Middle East crude prices retreated for a seventh straight session Tuesady but remained the strongest global benchmark, while jet...
27 Jan 2025
Benchmark crude oil futures opened the week lower as investors deliberated over President Trump's assertive energy policies, while persistent...
27 Jan 2025
US refiner Phillips 66 shut at least two units at its 265,000 bpd Sweeny refinery in Texas on Friday because of a power loss, the company said...
27 Jan 2025
Crude oil futures opened the week lower to extend the price slide that has now wiped over 7% from headline Brent prices....
27 Jan 2025
A large fire appeared to rip through the Khartoum oil refinery at the weekend, Sudan's largest, caught in the middle of bloody...
27 Jan 2025
At least four independent Chinese refineries, known as 'teapots', were reported Monday to have closed crude units after...
27 Jan 2025
Kazakhstan has sent its first crude oil shipment from the Kashagan field through the Caspian Sea to Azerbaijan's port of Baku, state-owned...
27 Jan 2025
The naphtha east-west spread sank to its lowest levels since July during Monday's trading session, with the gap between Asian and European...
27 Jan 2025
Middle East crude prices retreated for a sixth straight session Monday as the run of steady declines continued into the shortened week...
27 Jan 2025
Shell reported a small fire and a spill of up to 30 litres of crude oil at its 404,000 bpd Pernis refinery over the weekend but said it would...
27 Jan 2025
Goldman Sachs has increased its 2025 gasoline margin forecasts for key refining hubs while adopting a more bearish stance on diesel...
27 Jan 2025
Freight rates for very large crude carriers (VLCCs) on key Middle East-Asia routes have surged this month on robust crude buying by...
27 Jan 2025
Diesel and crude oil futures market extended rallies during the week ending 21 January as traders continued to price in the shockwaves from...
24 Jan 2025
Benchmark crude oil futures extended losses Friday to post the first weekly decline of the year, while LSGO cracks rebounded on returning supply...
24 Jan 2025
Crude oil futures were nudging higher Friday although benchmarks were heading for the first weekly decline in a month...
24 Jan 2025
Middle East benchmark Dubai crude rowed back from recent six-month highs following a sequence of steady declines...
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