Europe Crude Oil News

European states are tightening enforcement of sanctions on Russia's shadow fleet by demanding stricter proof of insurance, targeting...

Crude oil futures Monday were slightly lower as sluggish sales data from China derailed the previous week's upward momentum...

Crude eased Monday as mixed Chinese data weighed on the outlook, while European product prices also inched lower...

BP is expected to restart a crude unit at its 400,000 bpd Rotterdam refinery in the coming days after an unplanned outage just over a week ago...

UK energy group INEOS has agreed to buy CNOOC's oil and gas assets in the US Gulf of Mexico, the two companies announced over the weekend...

Middle East crude opened the week higher with markets catching up following the Brent gains after Asia had closed on Friday, putting a...

Global investors last week placed more bets on diesel prices falling as slim arbitrage margins throttled exports from the US and Asia while...

Nigerian authorities have confirmed an oil spill at Shell's Bonny export terminal over the weekend...

Libya's National Oil Corp. (NOC) declared force majeure at its Zawiya refinery on Sunday after armed clashes damaged storage tanks...

Brent crude futures were higher Friday with US-led sanctions back in focus, to help mark its first weekly gain in three...

Crude oil futures were climbing higher Friday to consolidate the week's moderate gains, underpinned by hopes of a boost from China...

Trafigura Group posted a significant 62% drop in net profit for its 2024 financial year, recording $2.8 billion, as the company absorbed...

Middle East benchmark Dubai crude ended the week firmer, underpinned by promises of further stimulus measures to boost China and the...

London-listed African independent Seplat Energy has completed its acquisition of ExxonMobil's onshore and shallow water oil assets...

Middle East crude eased slightly on the day but still posted comfortable weekly gains, while gasoline cracks continued to firm to near...

French oil product demand fell back last month after a strong October, as diesel consumption contracted sharply after the agricultural season...

Brent struggled to hold on to the week's earlier gains on Thursday as the IEA warned of a looming supply surplus next year...

Crude oil futures were steady Thursday, with investors looking for details on Beijing's plans to boost China's stumbling economy via...

OPEC and its allies boosted oil production by 320,000 bpd in November, led by significant increases in Libya and Kazakhstan...

Russia's state-owned Rosneft has signed a 10-year deal to supply India's privately owned Reliance Industries with 500,000 bpd...