Europe Oil Market News

Middle East crude extended losses into a third session but sour grades gained on Brent, while gasoil cracks hit a one-month low...

Polish refiner Orlen reported a drop in full-year earnings on Thursday, despite a strong fourth quarter, as it outlined more investment...

The US plans to impose a new 25% tariff on imports from the European Union, President Donald...

Benchmark crude oil futures were little moved on Wednesday but extended losses as concerns over the global economy continued to weigh...

Scania and DHL Group will test a new battery electric truck with a built-in liquid fuel-powered range extender which aims to provide a way...

The global energy sector is unprepared for a complete transition away from fossil fuels, according to Masdar Chief Executive Officer...

European air travel increased 7% compared to the same period last year, with the network recording 26,079 average daily flights, according to a...

Crude oil futures Wednesday steadied after the previous-session's sharp selloff that left benchmarks languishing at around 2025 lows...

UK major BP announced Tuesday it was reducing spending on renewables by as much as 70% and putting the money...

Middle East crude extended the broader decline as prices slipped to near-2025 lows on Wednesday, while the front month naphtha paper...

The US State Department has called for the resumption of crude oil exports from northern Iraq to the Turkish port of...

Spain's Moeve swung back to a small profit last year as earnings rebounded on what it described as strong fuel demand...

Benchmark crude oil futures were in steep decline on Tuesday as investors braced for further US sanctions, while LSGO cracks fell to their lowest...

Crude oil futures Tuesday were slightly lower as markets struggled to hold the previous session's late gains...

Energy major BP has signed an agreement with the Iraqi government to invest in several major upstream projects around Kirkuk...

The US wants to impose new fees and take other actions on Chinese players in the global maritime, logistics...

The European automotive sector opened the year in contraction, industry data showed Tuesday, as declining sales of conventional vehicles...

Shell hiked its outlook for global LNG demand Tuesday, seeing 60% growth out to 2040 from 50% this time last year...

Middle East crude rebounded after the US announced a new round of sanctions aimed at Iran, while the diesel EFS widened further...

Global electricity demand is poised to outpace overall energy growth dramatically during the next decade, the International Energy...