Europe Crude Oil News

Schlumberger (SLB) expects to record 25% margin growth for the year, assuming oil prices remain...

Energy industry services provider Schlumberger (SLB) reported that its first quarter revenue fell after...

Middle East crude prices were lower for a second session amid uncertainty on OPEC+ output, a move that leant support to margins at the...

Crude oil futures were slightly higher as markets faced mixed signals with the growing prospect of easing trade tariffs offset by OPEC+ discord...

Brent crude oil futures ended the cash market close slightly higher on Thursday as conciliatory tones on a trade war with China were offset by concerns of a break in OPEC+ unity...

Eni posted a first-quarter loss in its refining division as an unplanned FCC outage and lower utilisation weighed on performance...

UK indigenous crude production rose to 2.382 million mt in February, equivalent to around 794,000 bpd, according to government data...

Middle East crude prices retreated for the first time this week amid discord within OPEC+, while gasoline continued to firm...

Benchmarks lost their footing on Wednesday after Kazakhstan warned that its crude oil output would be determined based on national interests...

Crude oil futures were lower, having surrendered earlier gains after Kazakhstan said it would not reduce oil production, jeopardising the...

Middle East crude prices increased for a third session to extend the upwards trend, while the Hi5 spread slipped back below $50/mt...

Dutch tank storage group Vopak has yet to see any major change to supply chains from US tariffs, but said it was well-positioned...

Norway's crude oil production continued to come in ahead of forecast last month, with government figures calling March output at 1.757...

Activist investor Elliott Management has disclosed a stake of just over 5% in BP and is calling for deeper spending cuts and asset sales...

Crude oil futures were moving higher as prices reversed the early-week selloff, with geopolitical concerns overshadowing the prospect of....

Benchmark crude oil futures rebounded on Tuesday as markets braced for escalating geopolitical tensions...

TotalEnergies announced Tuesday it would cease operations at its Antwerp steam cracker in Belgium by the end of 2027...

Middle East crude prices posted slim gains for a second session, while backwardation at the front of the gasoline forward curve continued to...

Arrivals of Russian crude oil to India are on track to reach the highest level since last November, amid increased shipments from the Far East...

Russia lowered its oil price and export forecasts for 2025, pointing to tighter fiscal conditions as energy revenues decline and trade...