Europe Oil Market News

Supply tightness across global diesel markets is set to alleviate going into the Spring this year as the end of seasonal refinery maintenance...

Benchmark crude and product futures retraced earlier gains Wednesday on a stronger dollar, while US inventory data painted a decisively...

Crude oil futures Wednesday rowed back from earlier three-month highs as bearish EIA inventory report wiped out earlier gains...

US natural gas futures Wednesday were higher amid another volatile session, as weather conditions left investors guessing on the impact for gas...

Gasoline cracks have come under additional downward pressure, hitting fresh lows during trade on Wednesday and threatening to fall...

Norway's Equinor has extended the timeline for maintenance at its Hammerfest LNG plant by 10 days to 19 January, the company said...

Spain's imports of US crude oil surged to their record levels in November, preliminary trade data showed Wednesday, despite domestic fuel...

Middle East crude prices surged to fresh three-month highs Wednesday on potentially tightening availabilities, while spot gasoil touched...

Oil production from the 12 core OPEC members eased during December as reductions in the UAE and Iran offset increases from Libya and...

Crude oil futures Tuesday were climbing higher, overturning earlier losses following reports that a key Chinese port is set to ban sanctioned...

Benchmark crude oil futures continued their ascent Tuesday despite concerns about escalating US-China trade tensions...

US natural gas futures eased back Tuesday amid uncertainty on the extent of the Arctic blast blanketing much of North America...

Middle East crude prices eased slightly from the three-month highs Tuesday after the rally in benchmarks ran out of steam...

Spain's road and jet fuel consumption fell to their lowest levels in nine months in November as domestic travel eased from its summer peak...

Crude oil output from core OPEC members eased by just over 100,000 bpd in December after the UAE reined in production...

Speculative bullish sentiment in the crude oil and diesel market continued to improve into the end of 2024 as money managers shifted their...

Benchmark crude oil futures were rising for a sixth consecutive session Monday as markets braced for the colder weather gripping much of the...

US natural gas futures rebounded strongly on Monday with most of the US set to be hit by freezing conditions this week...

Crude oil futures Monday were marginally higher, as cold blasts in the US and Europe underpinned the firm start to 2025...

The CEO of Frontline, the world's largest publicly traded oil tanker operator, has criticised the International Maritime Organization (IMO)....