Europe Oil Market News
6 Mar 2025
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...
6 Mar 2025
Oil production from the 12 core OPEC members increased for the first time in three months during February led by gains in...
5 Mar 2025
Benchmark crude oil futures extended losses on Wednesday as swelling US crude inventories compounded expectations of increasing OPEC+...
5 Mar 2025
Crude oil futures continued to struggle with benchmarks left battered after OPEC+ production hikes and huge uncertainty...
5 Mar 2025
The Czech Republic has released 330,000 mt of crude from strategic reserves after supplies were halted on the Druzhba pipeline...
5 Mar 2025
Vitol announced on Tuesday that it had signed a long-term deal with LNGPH to supply the Philippines with LNG for the next decade...
5 Mar 2025
Refined oil product deliveries into the Spanish market from Exolum terminals rebounded in February, latest figures showed Wednesday...
5 Mar 2025
ExxonMobil's French subsidiary Esso is in the process of shutting its 240,000 bpd Gravenchon refinery...
5 Mar 2025
Saudi Arabia's Aramco is weighing a deal for BP's lubricant business Castrol, according to a Bloomberg report Wednesday...
5 Mar 2025
Middle East benchmark Dubai crude rebounded Wednesday, moving back above Brent, while margins for residual fuels continued to slump...
5 Mar 2025
Emergency services extinguished a major fire at Azerbaijan's Heydar Aliyev oil refinery on Wednesday...
5 Mar 2025
Equinor and its partners have made a gas and condensate discovery in the southern part of the Norwegian Sea, the company announced...
5 Mar 2025
The OPEC+ move to start unwinding cuts from April was driven by in-house wranglings over compliance rather than external political factors...
4 Mar 2025
Benchmark crude oil futures were sharply lower on Tuesday as investors braced for returning OPEC+ barrels and escalating global trade...
4 Mar 2025
Crude oil futures Tuesday extended losses after OPEC+ confirmed it would go ahead with output increases, sinking benchmarks to...
4 Mar 2025
Ultra-low sulphur diesel (ULSD) loadings at Russia's main oil product terminals at Primorsk and Tuapse...
4 Mar 2025
US natural gas futures surged higher for a second consecutive session, amid forecasts of colder weather and record LNG exports...
4 Mar 2025
Spain's road fuel consumption fell to one-year lows in January, industry data showed Tuesday, falling for the fourth consecutive month in line...
4 Mar 2025
Crude oil output from core OPEC members ramped up to the highest level in more than a year, driven by gains from Iraq, Venezuela...
4 Mar 2025
Middle East benchmark Dubai crude slumped to two-year lows Tuesday after OPEC+ confirmed it would proceed with output hikes, while...