Europe Oil Market News

US gasoline prices this Thanksgiving are at their lowest in four years, according to the EIA, helping to spur travel demand to a new record...

Middle East crude prices eased for a third session Thursday after the Israel-Hezbollah ceasefire deal, a move that helped push HSFO...

China's demand for liquefied petroleum gas (LPG) is losing steam, with imports set to hit a nine-month low in November, according to...

OPEC+ has delayed this weekend's planned meeting until 5 December, with the official communique citing a scheduling conflict...

Crude oil futures Wednesday were hovering just above one-week lows following a US-brokered ceasefire between Israel and Hezbollah...

Benchmark oil futures traded slightly lower Wednesday as ceasefire in the Middle East faded concerns of an imminent disruption to global oil...

NNPC outlined operational details at its newly-refurbished Old Port Harcourt refinery Wednesday...

US gasoline recorded its steepest weekly build in more than four months last week as seasonal restocking accelerates...

Chevron has criticized California lawmakers for passing a controversial bill that forces refiners to hold more inventories, saying it will only...

OPEC+ is considering a further delay in planned production increases, according to the latest media briefings ahead of...

The UK automotive industry has issued a stark warning to policymakers Wednesday, calling for urgent government action to safeguard...

Middle East crude prices eased slightly Wednesday after the Israel-Hezbollah ceasefire deal, while gasoline margins continued to firm to hit...

Jet fuel prices may face a sharp upward trajectory in 2025 as supply constraints collide with rebounding demand, according to freight...

Suncor was bringing back online a unit at its Sarnia refinery Wednesday after the fire brigade was called to an operational...

Citi has reaffirmed its bearish $60/b Brent forecast for 2025, citing a looming supply surplus and weak demand as persistent challenges...

Benchmark oil futures nudged higher Tuesday as investors braced for escalating tensions between Russia and Ukraine, spurring LSGO cracks to...

India's refined product output ticked higher again last month to push volumes up sharply on the year...

Crude oil futures steadied at the week's lower levels, after the proposed ceasefire between Israel and Hezbollah...

The UEIA sees the European natural gas balance this winter vulnerable to a extended cold snap, with limited additions to US LNG supplies...

Nigeria's Port Harcourt refinery loaded its first petroleum products Tuesday, according national oil company NNPC...