Europe Oil Market News
19 Dec 2024
Record jet demand and modest growth in road fuel deliveries helped push UK oil demand higher in October...
19 Dec 2024
The European auto sector saw another contraction last month with sales 2% lower than a year earlier, despite growing demand for hybrids...
19 Dec 2024
Middle East crude markets eased Thursday following the broader selloff in oil benchmarks, while gasoil margins continued to firm...
19 Dec 2024
A Ukrainian drone strike ignited a fire at the Novoshakhtinsk oil refinery in Russia's Rostov region overnight, Ukrainian officials said...
19 Dec 2024
North Dakota's oil output dropped to a three month low in October and was down sharply on the year as the impact from this year's wildfires peaked.
18 Dec 2024
Crude and European product prices clawed back the week's earlier losses helped by lower US crude and distillate stocks...
18 Dec 2024
Crude oil futures were higher as benchmarks recovered from the week's lows ahead of the US rate decision...
18 Dec 2024
US gasoline stocks climbed for the fifth straight week as imports reached their highest level since August, offsetting an uptick in demand...
18 Dec 2024
Northwest Europe is on track for a rebound in diesel imports this month as arbs shift increasingly towards the region from the US and Asia...
18 Dec 2024
Middle East crude markets steadied Wednesday ahead of the US interest rate decision, while gasoline and middle distillate margins...
18 Dec 2024
Nigeria's crude oil output reached its highest level in four years last month, and just shy of its OPEC+ target of 1.5 million bpd...
17 Dec 2024
Crude oil futures Tuesday were drifting lower for a second session, after struggling to gain a foothold amid sluggish...
17 Dec 2024
Another Russian fuel tanker ran into trouble in the Black Sea Tuesday, adding to fears of more oil being spilled just a few days after two...
17 Dec 2024
Crude and product prices were lower Tuesday as concerns over Chinese oil demand weighed on the outlook, ahead of an expected US rate cut...
17 Dec 2024
A possible tie up between West African producers Kosmos Energy and Tullow Oil has ended without a deal, the two companies announced...
17 Dec 2024
The former chief executive of Orlen's Swiss-based trading arm is set to be detained for three months after a Warsaw court issued orders amid...
17 Dec 2024
Middle East crude markets rowed back Tuesday following the broader risk-off trend, while the bearish pressure piled higher in...
17 Dec 2024
Vitol, the world's largest independent oil trader, is expanding into the circular economy with a deal to buy a majority stake in WPU, a...
17 Dec 2024
Shell is restarting a crude distillation unit (CDU) at its 234,000 bpd Norco refinery after repairing a leak...
17 Dec 2024
US refiner HF Sinclair said it had extinguished a fire at its 125,000 bpd Tulsa plant late Monday...