Europe Oil Market News
2 Dec 2024
Efforts to forge the first global treaty on plastic pollution collapsed in Busan over the weekend, as oil-producing nations blocked attempts...
2 Dec 2024
Speculative net length on European diesel futures continued to grow during the week ending 26 November as the continent heads into peak...
29 Nov 2024
Crude oil futures in Friday were slightly lower and heading for weekly losses amid mixed pricing signals...
29 Nov 2024
US crude output slipped to 13.204 million bpd in September from 13.361 million bpd in August...
29 Nov 2024
Benchmark crude oil futures remained locked in a tight trading window Friday as markets braced ahead of the delayed OPEC+ meeting, while...
29 Nov 2024
European air travel continued to decline last week, registering another sharp weekly drop as it moved further into its seasonal lull...
29 Nov 2024
Spain's Repsol has agreed to sell two oil and gas assets in Colombia to Geopark, the two companies announced Friday...
29 Nov 2024
Naphtha was under pressure this week as returning supply weighed on both cracks and timespreads...
29 Nov 2024
The average price for Middle East benchmark Dubai crude tumbled to the lowest level in more than three years in November...
29 Nov 2024
Bullishness took hold of the HSFO market this week in Europe and Asia and drove margins to fresh highs as Chinese demand remained...
29 Nov 2024
Both Imperial Oil and Suncor are restarting units at their Sarnia refineries in Ontario, Canada, with the latter experiencing an upset this week...
29 Nov 2024
Middle East crude prices posted a first gain in four sessions Friday, while strength in the Asian kerosene market saw the jet fuel east...
29 Nov 2024
Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...
28 Nov 2024
Benchmark crude oil futures held steady on Thursday as the market weighed delays to OPEC+ production hikes against ongoing macroeconomic...
28 Nov 2024
Refinery output in the UK fell to its lowest levels of the year in September as refiners slashed runs amid falling margins, while maintenance at...
28 Nov 2024
ARA product stocks fell this week, led by a sharp draw in gasoline as exports out of the region picked up...
28 Nov 2024
Crude oil futures Thursday were marginally higher ahead of next week's OPEC+ meeting, which has now been delayed until..
28 Nov 2024
China's sustainable aviation fuel supply could exceed domestic demand by around 16 million mt by 2030 and supply-side fiscal support is...
28 Nov 2024
The jet fuel east-west spread hit a fresh multi-year high during trade on Thursday, stoked by reduced supply and falling stocks of...
28 Nov 2024
The European naphtha market has flipped into contango at the front of the curve for the first time in just over a year, as slowing...