Europe Gasoil-Diesel News

Gasoil cracks in Asia have rebounded strongly in the past two weeks underpinned by a weaker outflow from China as refiners in the country...

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...

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...

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...

Diesel showed signs of renewed strength on both sides of the Suez this week, recovering ground lost to Brent as closed arbs into the region...

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...

ARA product stocks were broadly flat this week as a seasonal jump in gasoline was matched by a fall in jet and fuel oil...

Physical deliveries for the ICE low-sulphur gasoil (LSGO) December contract dropped to just 225 lots at expiry Thursday...

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...

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...

European air travel stabilised last week after falling steadily since its seasonal peak in the summer...

Spain's refineries produced their lowest volumes of the year in October, official figures showed Thursday, with gasoline production slumping...

Middle East crude climbed to monthly highs as sentiment pivoted to the upside, while gasoline margins continued to firm amid tighter...