Europe Oil Market News

Crude oil futures were higher on Friday and were on course to end the week flat as a quick end to war in Ukraine remained elusive, stemming...

Benchmark crude oil futures edged higher on Friday but posted the third consecutive week in decline as sustained market uncertainty dampened...

Ecuador's state-owned Petroecuador has been forced to shut one of its main crude oil pipelines to investigate...

Diesel cracks extended losses in the West of Suez market this week as oversupply concerns accelerated amid macroeconomic fragility...

Singapore's HSFO spot prices fell on ample supply with weakness expected to persist next month on rising imports...

Gasoline recovered from multi-year lows this week, helped by sharp stock draws on both sides of the Atlantic, while the east-west naphtha...

Middle East crude prices eased back to leave benchmark Dubai little changed on the week, while the selloff in middle distillate margins....

Kpler is expected higher European TTF and Asian LNG prices for 2025, citing lower LNG supplies...

Shell has completed the sale of its onshore Nigerian assets to local company Renaissance in a deal worth up to $1.3 billion...

A Ukrainian drone strike set fire to a gasoline storage tank at Russia's Tuapse refinery overnight on 14 March, according to Krasnodar...

Benchmark crude oil futures drifted lower on Thursday as oversupply concerns intensified amid weakening demand and heightening trade...

Oil futures were drifting lower Thursday after the midweek rebound stalled as traders turned to broader economic and geopolitical drivers...

Russian leader Vladimir Putin said Thursday that Russia is open to ending hostilities with Ukraine, but that any ceasefire...

Refined oil product inventories stored in the Amsterdam-Rotterdam-Antwerp (ARA) trading and blending hub fell to the lowest levels since...

Nigeria's crude oil output last month eased from January's five-year high, but was still sharply higher on the year at 1.47 million bpd...

The International Energy Agency (IEA) projects a global oil surplus of up to 600,000 bpd in 2025, even as demand grows by more than 1 million...

The prospect of $50/b floated by US Energy Secretary has been met with little enthusiasm at the CERAWeeek in Houston...

Energy major BP said Thursday it expects direct and indirect emissions from its operations will balloon by a third in 2025...

Middle East crude prices climbed higher Thursday playing catch-up with Brent, while in the products market distillate margins continued to slide...

A fire on a tanker carrying jet fuel involved in a collision in the North Sea has been extinguished, and while the salvage...