Europe Oil Market News

Crude oil futures Thursday were pulling away from multi-year lows, finding some support after the week's sharp selloff...

A record 190,000 mt of Mexican high sulphur fuel oil (HSFO) is making its way to Europe this month...

Refined oil product inventories stored in the Amsterdam-Rotterdam-Antwerp (ARA) trading and blending hub increased for the first time in a...

European natural gas futures extended the near month-long slide Thursday amid milder temperatures and growing expectation...

Dubai slumped to fresh three-year lows as the Middle East market played catch-up with Brent, while the selloff in marine fuel showed no...

Oil production from the 12 core OPEC members increased for the first time in three months during February led by gains in...

Benchmark crude oil futures extended losses on Wednesday as swelling US crude inventories compounded expectations of increasing OPEC+...

Crude oil futures continued to struggle with benchmarks left battered after OPEC+ production hikes and huge uncertainty...

The Czech Republic has released 330,000 mt of crude from strategic reserves after supplies were halted on the Druzhba pipeline...

Vitol announced on Tuesday that it had signed a long-term deal with LNGPH to supply the Philippines with LNG for the next decade...

Refined oil product deliveries into the Spanish market from Exolum terminals rebounded in February, latest figures showed Wednesday...

ExxonMobil's French subsidiary Esso is in the process of shutting its 240,000 bpd Gravenchon refinery...

Saudi Arabia's Aramco is weighing a deal for BP's lubricant business Castrol, according to a Bloomberg report Wednesday...

Middle East benchmark Dubai crude rebounded Wednesday, moving back above Brent, while margins for residual fuels continued to slump...

Emergency services extinguished a major fire at Azerbaijan's Heydar Aliyev oil refinery on Wednesday...

Equinor and its partners have made a gas and condensate discovery in the southern part of the Norwegian Sea, the company announced...

The OPEC+ move to start unwinding cuts from April was driven by in-house wranglings over compliance rather than external political factors...

Benchmark crude oil futures were sharply lower on Tuesday as investors braced for returning OPEC+ barrels and escalating global trade...

Crude oil futures Tuesday extended losses after OPEC+ confirmed it would go ahead with output increases, sinking benchmarks to...

Ultra-low sulphur diesel (ULSD) loadings at Russia's main oil product terminals at Primorsk and Tuapse...