Europe Oil Market News

Refined oil product inventories held in the ARA region edged higher last week, data showed Thursday, with gasoline climbing to fresh highs as...

OPEC and its allies trimmed production by a modest 60,000 bpd in December, with small reductions recorded by several producers...

The former chief executive of Orlen's Swiss-based trading arm has been detained in the United Arab Emirates (UAE) as part of an ongoing...

Middle East crude prices surged to fresh six-month highs Thursday as disruption caused by Russian sanctions lifted markets again, but gasoil...

Crude oil futures were climbing higher as the upheaval to the supply side caused by fresh sanctions on Russia oil offset broader...

Kazakshtan's Tengizchevroil (TCO) has completed maintenance at the country's largest oil field at Tengiz, according to state-led media...

Robust gasoline and jet fuel deliveries at Exolum terminals last year point to a modest climb in overall Spanish oil demand in 2024...

Benchmark crude oil futures rebounded Wednesday as the International Energy Agency (IEA) warned of significant disruptions to global...

OPEC has maintained its outlook for global oil demand growth in 2025 at just above 1.4 million bpd, while in a first look at 2026...

Colonial Pipeline was been forced to shut its main gasoline pipeline, the country's largest, until at least Friday as it looks into a leak...

US gasoline inventories climbed for a ninth straight week to reach their highest level since last March...

Middle East crude were steady for a second session, holding close to six-month highs, while the product side is still pricing in fresh sanctions...

The monthly output of crude oil and natural gas condensate in Azerbaijan rose to 609,000 bpd in December, the highest since December last...

Naphtha has struggled to keep up with crude's stellar start to 2025, as higher flatprices push feedstock margins deeper into negative territory...

US operator Colonial has shut its largest refined products pipeline to investigate a potential leak in Georgia...

Crude oil futures were drifting lower as markets took stock after the steep rally since the US and its allies announced tighter sanctions...

Benchmark crude oil futures lost momentum on Tuesday as markets absorbed the impact of tighter sanctions on Russian oil shipments...

The US Energy Information Administration (EIA) expects downward pressure on global oil prices this year and into 2026...

US LNG export capacity has reached new highs with two new terminals recently loading maiden cargoes as part of the start-up stage...

Strong demand for gasoline and jet fuel pushed French oil demand slightly higher last year...