Europe Oil Market News

Portugal's Galp said Monday it had received nonbinding offers from several oil companies to partner its giant Mopane discovery...

Emergency services were called to Shell's Pernis refinery over the weekend after reports of a leak and fire, forcing the company...

Middle East crude prices opened the week little changed, while the EU sanctions-related rally in gasoil prices proved short-lived...

Crude oil futures opened the week were little changed, with markets largely in a holding pattern after last week's modest losses of 1.5%...

Rosneft has condemned European Union sanctions against India's Nayara Energy refinery as "unjustified and illegal," arguing the move...

The speculative net bullish length in European and US diesel futures expanded further last week as tightening ...

Crude oil futures on Friday were consolidating recent gains as a fresh EU sanctions package on Russia and supply disruptions offset jitters...

Benchmark oil futures were higher Friday in a volatile session, as traders weighed the impact of the EU's latest Russia sanctions...

Lower oil prices pushed Russia's oil revenues in May to their second-lowest level since the 2022 invasion of Ukraine, a study from the Kyiv...

Firm global distillate pricing persisted through the week and went into overdrive on Friday after the EU announced a series of long-anticipated...