Europe Oil Market News

23 Dec 2024
Crude oil futures started the week lower, although benchmarks were moving into a holding pattern amid thin holiday trade...
23 Dec 2024
Workers were evacuated and one remains missing Monday after the partial collapse of an oil rig in the waters offshore Trinidad and Tobago...
23 Dec 2024
India is on track to receive its highest volume of crude in at least three years, vessel tracking data showed Monday...l
23 Dec 2024
Middle East crude prices opened the final week of the month slightly firmer, while cracks firmed across the barrel...
23 Dec 2024
Oil shipments via Russia's Druzhba pipeline have resumed, restoring a critical supply route for Hungary, Slovakia, the Czech Republic...
23 Dec 2024
Speculative net length in crude oil futures rose sharply during the week ending 17 December after the Chinese government said it would...
20 Dec 2024
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...
20 Dec 2024
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...
20 Dec 2024
Nigeria's new mega refinery Dangote is running at 85% or around 550,000 bpd, the head of the plant was quoted on Friday....
20 Dec 2024
Gasoline's rally ran out of road this week with cracks and timespreads correcting sharply in both Asia and the Atlantic...
20 Dec 2024
Marine fuel and high sulfur fuel oil margins enjoyed some moderate support from a weaker crude complex through the week, although...
20 Dec 2024
Norway's crude oil output slipped in November, with monthly government figures published Friday showing production down 2.5% on the...
20 Dec 2024
Global diesel cracks and spreads hit fresh 3-4 week highs this week but are facing headwinds from higher US supply...
20 Dec 2024
Dubai cash prices were down by slightly less than $1/b on the week as broader demand concerns offset lower OPEC volumes for Q1...
20 Dec 2024
Fresh seasonal highs for jet fuel and gasoline deliveries helped push Italian oil demand in November higher on the year, official...
19 Dec 2024
Crude oil futures Thursday were drifting lower after Federal Reserve officials made their third and final rate cut of 2024 at Wednesday's meeting....
19 Dec 2024
Crude and European product prices fell Thursday as the US Federal Reserve dialled back expectations of rate cuts next year...
19 Dec 2024
ARA gasoline inventories hit a new high this week, although the pace of seasonal stock building slowed...
19 Dec 2024
Industry body Eurocontol sees air travel demand growing by more than half out to 2050 in its latest long term forecast released Thursday...
19 Dec 2024
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...
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