Europe Oil Market News

21 Nov 2024
European sales of pure electric cars fell back again last month, ACEA data showed Thursday, losing market share...
21 Nov 2024
East of Suez crude markets were mostly flat over the previous 24 hours at Thursday's MOC as traders continued to monitor events...
21 Nov 2024
Nigeria's national oil company, NNPC, expects to double production of its Utapate crude grade to 80,000 bpd by the end of 2025, following...
20 Nov 2024
Benchmark crude oil edged higher Wednesday as escalating conflict in the Russia renewed concerns over global oil supply security, while LSGO cracks...
20 Nov 2024
Crude oil futures Wednesday were steady as the escalating geopolitical situation around Russia continued to dominate sentiment, underpinning...
20 Nov 2024
Norway's Equinor restored production at its Sverdrup oilfield to full capacity Tuesday after an onshore power outage forced operations to be...
20 Nov 2024
US gasoline stocks rebounded from two-year lows last week as demand fell almost 1 million bpd after the US election...
20 Nov 2024
Russia's Lukoil dismissed reports Wednesday that its Nizhny Novgorod refinery was offline for repairs...
20 Nov 2024
Crude loadings during the first half of November increased, driven by higher volumes from the Middle East...
20 Nov 2024
Rhone Energies has started shutting down units at its newly acquired Fos-sur-Mer refinery on the French Mediterranean coast...
20 Nov 2024
Norwegian oil and gas production surged in October as suppliers braced for peak winter heating demand, preliminary figures showed...
20 Nov 2024
BP has been forced to delay the restart of its 435,000 bpd Whiting refinery in Indiana until the end of November
20 Nov 2024
Middle East crude extended the early week gains amid heightened geopolitical tensions Wednesday, while gasoline margins continued to extend...
19 Nov 2024
Crude oil futures slightly higher as the spike in geopolitical tensions outweighed a production restart at a major North Sea field....
19 Nov 2024
Iran has provisionally agreed to limit stockpiles of near-weapons grade uranium and has made preparations to cap volumes...
19 Nov 2024
Shell confirmed Tuesday it will exit Ukraine by selling its 51% stake in local fuel...
19 Nov 2024
Benchmark crude oil futures traded slightly lower Tuesday as operations resumed at one of the North Sea's largest oilfields, while LSGO...
19 Nov 2024
Bunker sales in the Northwest European ports of Antwerp-Bruges hit the second highest levels on record during Q3 as VLSFO demand picked...
19 Nov 2024
Notional refinery margins and timespreads on European diesel have are their widest in months as regional temperatures plummet...
19 Nov 2024
Authorities in Switzerland have published court documents ahead of the upcoming bribery charges levelled against Trafigura...
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