Europe Oil Market News

Benchmark crude oil futures rebounded on Friday on reports that OPEC+ may reverse its oil output hike after April if demand was not sufficient...

Crude oil futures steadied on Friday and were climbing higher at the tail end of a bruising week that left benchmarks heading for a 3% loss...

ExxonMobil on Friday reported flaring at its 565,000 bpd Baytown refinery related to maintenance work...

Marine fuel 0.5% sulfur prices slipped to the lowest they've been since 2021 this week as a big supply overhang in Asia shows little sign...

Poland's Orlen has signed an agreement with Ukrainian oil and gas company Naftogaz to cooperate in the LNG sector, according to a press...

Norwegian oil and gas operator DNO said Friday it has reached an agreement to acquire its domestic rival Sval Energi..

OPEC+ countries are ready to start cutting production again in case of disruptions in the oil market, Russian Deputy Prime Minister...

Middle East crude extended the six-week downwards trend with oil prices hammered down the lowest levels seen in the post-Covid period...

Gasoline is pointing east again from Europe as prices slumped in another volatile week, despite firmer paper cracks...

Diesel margins extended losses this week as increased shipments through the Suez Canal and warmer regional temperatures alleviated supply...

German antitrust authorities have launched an investigation into price reporting agencies S&P Global Platts and Argus Media...

Dubai crude bounced off three-year lows Friday but the Middle East marker was still heading for heavy weekly losses, while the selloff in...

Saudi Aramco on Friday reduced the Official Selling Price (OSP) for its flagship Arab Light crude loading in April, reflecting the...

Benchmark crude oil futures witnessed a correction on Thursday as markets retraced a steep sell-off that had sent prices sliding to...

US President Donald Trump on Thursday granted another one-month suspension of tariffs on Mexican imports from...

Crude oil futures Thursday were pulling away from multi-year lows, finding some support after the week's sharp selloff...

A record 190,000 mt of Mexican high sulphur fuel oil (HSFO) is making its way to Europe this month...

Refined oil product inventories stored in the Amsterdam-Rotterdam-Antwerp (ARA) trading and blending hub increased for the first time in a...

European natural gas futures extended the near month-long slide Thursday amid milder temperatures and growing expectation...

Dubai slumped to fresh three-year lows as the Middle East market played catch-up with Brent, while the selloff in marine fuel showed no...