Europe Oil Market News

Benchmark crude oil futures edged higher Thursday as the EIA showed steep draws in US product inventories, while diesel cracks climbed...

Crude oil futures Thursday were little changed for a third session, as fears over sluggish demand growth and a soaring dollar...

US gasoline stocks recorded a surprise, sharp draw last week as both domestic demand and exports jumped over the period...

Products held in the ARA region reached a five-month high this week as blenders pulled more gasoline into the region to meet higher export demand...

Poland's Orlen reported a near wipe-out in third quarter earnings Thursday, as it blamed bad investment decisions taken by prior....

Spain's road fuel consumption fell to a three-month low in September, official data showed Thursday, as summer travel demand retreated...

The IEA raised forecasts for global oil demand this year but lowered its outlook for 2025, as short-term strength in European gasoil demand...

Austria's OMV has been awarded a €230 million settlement in a dispute with Gazprom over Russian natural gas imports...

Large French diesel tenders were heard traded at heavy discounts Thursday, with supermarkets snapping up cheap volumes...

Middle East crude posted marginal gains for a second session Thursday but markets continued to struggle around yearly lows, a move that...

Benchmark crude oil futures were flat Wednesday as investors contended with a lack of momentum in a dormant market, while product markets were...

Global natural gas benchmarks were trading close to 2024 highs Wednesday, as the first cold snaps of the northern hemisphere winter moved in...

The EIA raised its outlook for 2024 oil demand growth on Wednesday, with India emerging as the main driver of consumption...

S&P Global trimmed its forecasts for the BEV market share in the EU in 2025, signalling a major barrier to meeting mandates as challenges...

Canada's Suncor Energy reported better-than-expected third quarter results Wednesday on soaring oil output...

Kazakhstan Export Blend Crude Oil, or KEBCO, has traded in the MOC assessment process the first time since it was launched...

Crude oil futures Wednesday were moving sideways for a second session after benchmarks looked to find a support floor...

Russia's energy ministry has recommended the government lift its ban on gasoline exports, citing stable prices and sufficient domestic supply...

European gasoline exports to West Africa (WAF) are set to rebound this month with the new Dangote still yet to agree a deal with Nigerian...

Rhine barge rates climbed to two-month highs Wednesday as barge restrictions remain in place after water levels sunk to fresh lows for...