Europe Oil Market News

The Biden administration is set to introduce further sanctions targeting Russia's shadow tanker fleet, which transports crude oil sold...

Goldman Sachs believes that Iranian output will only decline by around 300,000 bpd despite sales being targeted by further sanctions...

Equinor's Troll field in the North Sea set a new annual production record in 2024, the company said in a statement Monday, delivering 42.5...

Saudi Aramco has increased the OSP for its flagship Arab Light crude loading in February, reflecting the firmer cash cargo premiums...

Middle East crude prices nudged to fresh three-month highs Monday, followed by firmer gasoline cracks in Asia as local refiners brace...

Crude futures were consolidating early-2025 gains on Friday with attention on colder weather and the outlook for broader oil demand this year...

Brazilian crude output inched higher over the month in November but was still down sharply on the year...

Crude oil futures Friday were building on recent firm gains with Arctic conditions in Europe and the US set to boost energy demand...

A Moscow court has ordered the Russian search engine Yandex to remove maps and edit images of a major oil refinery to protect...

European natural gas prices could surge significantly higher in the months ahead, Goldman Sachs warned Thursday, citing colder-than-...

Middle East benchmark Dubai crude soared to near three-month highs to kick off 2025, underpinned by the firmer global trend as...

Diesel gained momentum on both sides of the Suez this week, driven by falling temperatures that intensified oil-switching in the US and...

Residual fuel prices were dragged higher at the start of the year by the recent strength of the crude market, although the longer-term...

Gasoline storage remains the only play left for many Atlantic basin producers with the last remaining arbs to the east closed...

US President-elect Donald Trump has called for an overhaul of the North Sea energy industry, urging policymakers to "open up" the market...

Middle East crude prices soared to near three-month highs Friday, while the products market saw gasoil cracks continuing to firm amid...

Crude and product futures were higher Thursday as colder weather increases the likelihood of oil demand this month, while stock data...

Crude oil futures in opened the New Year higher, as benchmarks looked to extend the positive finish to 2024...

European natural gas prices were nudging higher Thursday, while US futures opened the New Year steady with both continents set to see...

US refiner Valero has put out a large fire that erupted at its Three Rivers refinery in Texas on New Years Day...