Europe Oil Market News

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...

A sharp jump in diesel inventories helped push refined oil products held in the ARA region near their highest level in almost four years...

Battery-powered vehicles made up nine out of every ten new cars sold in Norway last year, according to registration data released Thursday...

Exports of Russian ESPO crude were at record levels in December, coming despite a clampdown on Russia's shadow shipping fleet...

Spain's Repsol has started oil exploration in Libya for the first time in ten years, according to the North African country's national oil company.

Middle East crude markets opened the New Year higher following on from the strong finish to 2024, while naphtha physical and paper...

Crude oil futures Tuesday were climbing higher as benchmarks consolidated the late-December rally with four consecutive gains...

US natural gas futures rowed back from early week highs on Tuesday, but markets remain highly volatile with an Arctic blast set to hit...

Benchmark crude oil futures continued their ascent Tuesday, climbing for the fourth consecutive session as sentiment sweetened...

The average price for Middle East benchmark Dubai in December rebounded from the previous-month's three-year lows, largely thanks to a...

Middle East benchmark Dubai extended the solid finish to the year, posting gains for a fourth session, while product margins moved...

Below is a list of monthly averages for key Quantum refined oil product spot physical assessments....