Europe Oil Market News

OPEC has again trimmed its forecast for global oil demand this year and next, once more citing lower-than-expected growth from Asia...

Middle East crude edged higher as Dubai continued to outpace Brent this month, while gasoline cracks continued to push higher...

The US Energy Information Administration (EIA) has lowered its 2025 Brent crude oil price forecast to under $74/b, down from almost...

Brent crude oil futures consolidated gains on Tuesday after markets digested the news of Syria's president being overthrown...

The largest lawmaker group in the European Parliament is launching a campaign to weaken the EU's main policies for cutting CO2 emissions...

Operations on the Moselle River remain heavily disrupted following a Sunday barge collision that left around 70 ships stranded, raising...

The International Air Transport Association (IATA) anticipate heightened profitability for the global airlines industry in 2025, the group announced...

Residual fuel exports from Mexico to Asia could jump next month if the incoming US president Donald Trump were to follow through on his...

Middle East crude was little changed for a second session as markets looked for direction, while marine fuel spot prices remained under...

Crude oil futures in European trading hours Tuesday were slightly lower as benchmarks struggled to hold early week gains...

Crude oil futures opened the week higher after further upheaval in the Middle East added another layer of uncertainty for regional politics...

Crude prices were higher Monday with events in Syria and more economic stimulus in China adding support...

An accident on the Moselle river has suspended traffic through the lock that connects Luxembourg and parts of Belgium to the Rhine river...

US natural gas futures made a choppy start to the new week as prices initially soared on colder-weather forecasts, before surrendering...

At least two people died Monday with several others injured after an Eni fuel tank exploded in the town of Calanzano...

The arbitrage spread between very low sulfur marine fuel prices in Singapore and Northwest Europe has fallen significantly in recent sessions as a seasonal swing in...

AI's integration into the oil and gas sector is revolutionising exploration, production, and distribution processes, the International...

Middle East crude opened the week marginally lower as traders digested the Saudi OSPs, while strong volatility was seen in the products...

Equinor has closed transactions exiting its upstream businesses in Azerbaijan and Nigeria, with a total consideration of up to $2 billion...

Salvagers have successfully offloaded crude oil from a stricken oil tanker that was struck by Houthi missiles in August...