Europe Crude Oil News
12 Dec 2024
ARA product stocks were broadly flat this week as a seasonal jump in gasoline was matched by a fall in jet and fuel oil...
12 Dec 2024
The International Energy Agency (IEA) forecasts a global oil surplus of up to 1.4 million bpd in 2025, even as demand rises by 1.1 million...
12 Dec 2024
Jet fuel's premium over diesel in northwest Europe is at its widest in about a month, with imports seen slowing sharply this month with arbs...
12 Dec 2024
Spain's refineries produced their lowest volumes of the year in October, official figures showed Thursday, with gasoline production slumping...
12 Dec 2024
Middle East crude climbed to monthly highs as sentiment pivoted to the upside, while gasoline margins continued to firm amid tighter...
12 Dec 2024
Canada's Suncor has been forced to shut an unspecified unit at its 85,000 bpd Sarnia refinery, a few weeks after the fire brigade were called
11 Dec 2024
European crude oil and refined products markets were higher during Wednesday's session, lifted by expectations of dovish economic policy...
11 Dec 2024
Lower oil prices and sufficient global supplies is allowing the US and its allies to look for "creative" ways to target Russia with additional sanctions...
11 Dec 2024
Crude oil futures were climbing higher on growing expectations of further China stimulus, while speculation on tighter sanctions...
11 Dec 2024
Goldman Sachs expects oil tanker freight rates to decline steadily over the next two years as fleet growth outpaces demand, easing the...
11 Dec 2024
OPEC has again trimmed its forecast for global oil demand this year and next, once more citing lower-than-expected growth from Asia...
11 Dec 2024
Middle East crude edged higher as Dubai continued to outpace Brent this month, while gasoline cracks continued to push higher...
10 Dec 2024
Norway will halt public financing for new international fossil fuel projects from January 2025, delivering on a commitment...
10 Dec 2024
The US Energy Information Administration (EIA) has lowered its 2025 Brent crude oil price forecast to under $74/b, down from almost...
10 Dec 2024
Brent crude oil futures consolidated gains on Tuesday after markets digested the news of Syria's president being overthrown...
10 Dec 2024
Operations on the Moselle River remain heavily disrupted following a Sunday barge collision that left around 70 ships stranded, raising...
10 Dec 2024
Middle East crude was little changed for a second session as markets looked for direction, while marine fuel spot prices remained under...
10 Dec 2024
Swiss prosecutors have demanded $156 million in penalties and a four-year prison sentence for former COO Mike Wainwright in a...
10 Dec 2024
Crude oil futures in European trading hours Tuesday were slightly lower as benchmarks struggled to hold early week gains...
9 Dec 2024
Crude oil futures opened the week higher after further upheaval in the Middle East added another layer of uncertainty for regional politics...