Europe Crude Oil News

Speculators continued to unwind long positions in Brent crude last week, as mounting concerns over a prolonged global surplus and the...

US crude prices fell 2.5% Monday after the long, Easter holiday weekend amid fears the US and China are not making progress...

Crude oil futures opened the week lower following the extended holiday weekend as tariff concerns continued to dominate sentiment...

Ports in the US will begin charging new fees that will increase over time for ships belonging to Chinese...

Turkey is set to finalise an oil and gas exploration deal in Bulgaria's Black Sea waters next month as part of a broader drive to reduce its...

Middle East crude prices opened the week higher, while the front month gasoil EFS reached the widest in a fortnight...

OPEC+ needs to clear a backlog of almost 140 million barrels via its "compensation mechanism" if is to clear the overproduction since...

China's crude oil imports declared as Malaysian surged in March, nearing Russian volumes as the top origin for Chinese refiners, while...

The Czech Republic ended a more than 60-year reliance on Russian crude supply after a Prague-area tank farm received this week its first...

Crude oil futures were higher Thursday, extending gains on hopes of a thaw in the US/China trade standoff, while tightening Iran sanctions...

Benchmark crude oil futures extended gains on Thursday on the prospect of easing trade tensions between the United States and China, while...

French oil product demand was seen higher over the year in March on higher gasoline and jet consumption...

Crude oil refining margins in Asia are expected to stay under pressure until at least the end of 2025 as global markets are set to remain...

Middle East crude prices rounded off a positive week Thursday posting a two-week high, with firmer crude prices eating into product cracks...

Benchmark crude oil futures rebounded Wednesday as the United States imposed greater pressure on Iranian oil supply, while LSGO...

Crude oil futures were easing for a second session amid growing concerns on the impact of global tariffs, particularly the standoff between...

OPEC has issued an updated program for compensation cuts, in which serial overproducers Iraq and Kazakhstan have pledged...

Middle East crude markets were steady Wednesday as the regional benchmark maintained a healthy premium over Brent, while...

Crude oil futures were little changed with some of the recent tariff-led volatility coming out of the market, while the improvement in equities...

Benchmark crude oil futures were little moved on Tuesday as some of the tariff-driven volatility in the market started to ease, while LSGO...