Europe Oil Market News

Crude oil futures opened the week slightly lower, as markets took a breather ahead the inauguration of President Donald Trump...

BP has restarted one of two production platforms in Azerbaijan's largest natural gas field Shah Deniz...

US refiner Marathon Petroleum said it discovered at a leak at its 631,000 bpd Galveston Bay refinery during maintenance over the weekend...

Middle East crude prices opened the week lower, while gasoil cracks firmed to a fresh nine-month high....

Nigeria's crude oil output held at recent highs last month, just shy of its OPEC+ target of 1.5 million bpd...

Benchmark crude oil futures edged higher Friday as investors braced for Donald Trump's return to the Oval Office, while falling European gas...

Colonial has restarted the Line 1 pipeline after completing repairs that shut the largest refined products artery in the US earlier in the week...

Crude oil futures were slightly lower, although markets consolidated a fourth week of positive returns amid tighter sanctions on Russian oil...

North Dakota's crude oil output rebounded sharply over the month in November as the impact from late-summer wildfires subsided...

Diesel continued to outpace crude on both sides of the Suez this week as the US unveiled its most extensive and stringent sanctions on Russian...

Bunker sales at the ports of Antwerp and Bruges hit a record high in the last three months of 2024 as a rebound in high sulfur fuel oil (HSFO)...

HSFO margins jumped last week even as the rally in crude continued to lift flat prices, with the market working through the effects of...

Middle East benchmark Dubai crude soared to six-month highs with refiners in Asia left the most exposed to the latest clampdown...

A widening gasoline-naphtha spread has improved blending margins but they remained relatively weak globally despite higher US...

xx...Middle East crude prices posted fresh six-month highs Friday amid the scramble for replacement barrels, while gasoil...

TotalEnergies saw a $10/mt recovery in refinery margins last quarter, but warned the downstream environment remains weak...

Russia's crude oil and refined product exports dropped 2.6% in 2024, with seaborne volumes falling to 398.6 million mt, according to...

Benchmark crude oil futures drifted lower Thursday as markets consolidated recent gains, while inventory data painted a decisively bearish...

Crude oil futures were drifting lower, although benchmarks have mostly consolidating recent steep gains as supply concerns underpinned...

Traders are bypassing emissions rules introduced in Belgium and the Netherlands aimed at improving the quality of refined product exports...