Europe Oil Market News
13 Nov 2024
Middle East crude prices were steady Wednesday as markets looked to have found some support following three consecutive losses, while...
12 Nov 2024
Crude oil futures Tuesday were nudging higher as benchmarks steadied after surrendering over 5% of value during...
12 Nov 2024
Benchmark crude oil futures inched higher Tuesday as sentiment steadied ahead of Trump's return to the Oval Office, while...
12 Nov 2024
European natural gas prices were pushing 2024 highs Tuesday as the first cold snap of winter moves into northern Europe...
12 Nov 2024
Crude stored in EU-16 countries dropped to its lowest level since the early 1990s last month, driven by slowing production....
12 Nov 2024
he diesel HOGO spread hit fresh ten-month highs this week as a relatively tight US market helps reduce some of the oversupply in Europe...
12 Nov 2024
OPEC has trimmed its forecast for global oil demand in 2024 for a fourth consecutive month, as tepid growth from China continued to drag...
12 Nov 2024
OPEC and its allies increased oil production by a modest 30,000 bpd in October, as a sharp rise in Libyan output was largely offset by cuts...
12 Nov 2024
Motiva is restarting its gasoline-producing FCC at its 630,000 bpd Port Arthur refinery in Texas after a malfunction over the weekend...
12 Nov 2024
Russia's Litasco has denied it is in talks to sell its Bulgarian refinery to a British-Qatari consortium, first reported last week...
12 Nov 2024
Middle East crude extended losses as cash differentials also continued to slide, a move that offered a boost to margins at the bottom...
12 Nov 2024
An appeals court in the Netherlands has overturned a 2021 ruling that compelled...
11 Nov 2024
Crude oil futures Monday were sharply lower as benchmarks extended losses following Friday's sharp selloff...
11 Nov 2024
Benchmark crude oil futures declined Monday, extending the losses made late last week to sink prices beneath the $72/b handle for the first time...
11 Nov 2024
Middle East crude opened the week lower as markets caught up following the Brent retreat after Asia had closed on Friday, while it...
11 Nov 2024
otalEnergies said Monday it was restarting units at its 240,000 bpd Gonfreville refinery in Northern France after carrying out maintenance...
11 Nov 2024
Qatar Energy announced Monday it has agreed to buy a 23% interest in Chevron's North El-Dabaa exploration block...
11 Nov 2024
Speculative net length in crude oil futures spiked higher last week following Donald Trump's election victory and a further delay in the OPEC+...
8 Nov 2024
Crude oil futures Friday were drifting lower as the threat to US oil fields from Hurricane Rafael faded, limiting weekly gains to around 2%...
8 Nov 2024
Benchmark crude oil futures slipped Friday with Hurricane Rafael set to avoid critical energy infrastructure upon landfall, while…