Europe Oil Market News

Crude oil futures started the week lower, although benchmarks were moving into a holding pattern amid thin holiday trade...

Workers were evacuated and one remains missing Monday after the partial collapse of an oil rig in the waters offshore Trinidad and Tobago...

India is on track to receive its highest volume of crude in at least three years, vessel tracking data showed Monday...l

Middle East crude prices opened the final week of the month slightly firmer, while cracks firmed across the barrel...

Oil shipments via Russia's Druzhba pipeline have resumed, restoring a critical supply route for Hungary, Slovakia, the Czech Republic...

Speculative net length in crude oil futures rose sharply during the week ending 17 December after the Chinese government said it would...

Crude oil futures were heading lower again during Friday's session and were on course for a 3% loss through the week as attention turned...

Crude eased again Friday with Brent marking its firstly weekly loss in three, as a strong dollar and a subdued outlook for 2025 weighing on sentiment...

Nigeria's new mega refinery Dangote is running at 85% or around 550,000 bpd, the head of the plant was quoted on Friday....

Gasoline's rally ran out of road this week with cracks and timespreads correcting sharply in both Asia and the Atlantic...

Marine fuel and high sulfur fuel oil margins enjoyed some moderate support from a weaker crude complex through the week, although...

Norway's crude oil output slipped in November, with monthly government figures published Friday showing production down 2.5% on the...

Global diesel cracks and spreads hit fresh 3-4 week highs this week but are facing headwinds from higher US supply...

Dubai cash prices were down by slightly less than $1/b on the week as broader demand concerns offset lower OPEC volumes for Q1...

Fresh seasonal highs for jet fuel and gasoline deliveries helped push Italian oil demand in November higher on the year, official...

Crude oil futures Thursday were drifting lower after Federal Reserve officials made their third and final rate cut of 2024 at Wednesday's meeting....

Crude and European product prices fell Thursday as the US Federal Reserve dialled back expectations of rate cuts next year...

ARA gasoline inventories hit a new high this week, although the pace of seasonal stock building slowed...

Industry body Eurocontol sees air travel demand growing by more than half out to 2050 in its latest long term forecast released Thursday...

Nigerian officials have approved the sale of Shell's onshore assets to local company Renaissance in a deal worth up to $1.3 billion deal...