Europe Energy Market News

Brent was lower again Friday as the market digested the OPEC+ decision to extend production cuts into next year, while diesel lost more ground on signs of oversupply...

Naphtha hit fresh lows this week as returning supply in the Atlantic basin and beyond pushed the market deeper into oversupply

Official data released Friday showed Indian oil demand racing higher last month, as the world's fastest-growing large economy...

Crude oil futures Friday were drifting lower, as OPEC's decision to stick with current policy for now was met with a lukewarm reception...

Middle East benchmark Dubai crude ended the week slightly lower as the further delay in OPEC+ did little to alleviate concerns of an oil surplus...

Pressures continued to weigh on diesel this week, with cracks on both sides of the Suez unravelling most of last month's gains as refiners put an...

Dutch energy firm Varo Energy is reportedly weighing a deal for Preem's two Swedish refineries...

Russian oil supplies to the Czech Republic resumed via the Druzhba pipeline on Friday, according to the CEO of its largest refiner...

azakhstan shipped a total of 30,000 bpd of crude to Germany in the first eleven month of the year, up 60% from the same time in 2023...

East of Suez prices were slightly lower Friday with this week's OPEC+ decision seen as only enough to maintain current prices, a move that put...

Cracks of high sulfur fuel oil in Europe and Asia ended the week in a weaker tone as concerns of oversupply gathered pace while the demand pull...

Crude oil futures were were little changed with the OPEC+ decision to delay planned output increases seen as only moderately supportive...

Benchmark crude futures ended the day lower after OPEC+ announced it was extending its production cuts

US crude exports rebounded from 2024-lows in October, official data showed Thursday, as hurricane disruption eased...

ARA product stocks rebounded this week as gasoline hit fresh one-year highs, while the cold snap sweeping across many parts of Europe saw...

Northwest Europe is on track to receive a record 1.6 million mt of diesel from the US Gulf this month, as a surge in refinery output...

The Czech government has authorised the release of crude oil from its state reserves to maintain supply to its largest refinery...

OPEC+ will maintain current production quotas for at least another full quarter, the OPEC secretariat said in a statement...

East of Suez prices were lower Thursday, tracking the Brent retreat after Asia had closed during the previous session, ***...

Deliveries of WTI Midland rebounded in the Platts MOC Dated Brent window rebounded during November, setting North Sea benchmark...