Europe Oil Market News

Crude oil futures were under pressure for a second session as the tariff standoff and broader concerns ever the global economy weighed...

Benchmark crude oil futures extended losses on Tuesday as stalling trade negotiations between the US and China emboldened concerns of oversupply...

BP will spend $500 million less this year than previously guided because of lower oil prices as the UK major reported a weaker...

Scotland's only oil refinery at Grangemouth has ceased crude oil processing operations, operator Petroineos confirmed in a statement on Tuesday...

UK refinery output slumped to four-month lows in February, as falling upstream production compounded the gradual wind-down...

The Brent/Dubai cash spread moved back into positive territory Tuesday for the first time in two months, with the flip attributed to...

Spain's Repsol declared force majeure because of a power failure at one of its refineries almost a week before...

Spain's oil companies were starting up refineries Tuesday with power supply restored after an unprecedented blackout...

Crude futures opened the week lower with initial optimism that trade talks were progressing soon dashed after China denied that Xi Jinping..

Crude futures started the week lower in European trade while ICE gasoil and Eurobob gasoline cracks consolidated recent gains...

EBOB gasoline cracks were testing fresh eight-month highs Monday, boosted by reports of disruption at Nigeria's Dangote refinery...

Vitol has launched a new co-processed very low sulfur fuel oil offering to its customers amid growing demand for low-carbon fuels driven by EU reulations...

Spain's Repsol-owned Petronor said Monday it has been forced to shut all units at its Bilbao refinery...

Middle East crude prices slipped for a third straight session Monday as Dubai continued to surrender ground to Brent, while the...

Deliveries of jet fuel and gasoline in the UK reach fresh highs in February, according to official data, helping offset slower diesel demand...

Speculative investors rushed to cover short positions in crude oil futures last week amid signs of an easing trade tension between the US and...

Crude oil ticked higher for the second straight day on Friday to end the week

Crude oil futures were initially in retreat Friday and heading for a weekly decline but showed a late-day rally despite tariffs and OPEC+...

European natural gas futures extended the week's steady decline Friday amid slowing demand, higher inventories and cheaper LNG imports...

Schlumberger (SLB) expects to record 25% margin growth for the year, assuming oil prices remain...