Europe Oil Market News

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

Energy industry services provider Schlumberger (SLB) reported that its first quarter revenue fell after...

Middle East crude prices were lower for a second session amid uncertainty on OPEC+ output, a move that leant support to margins at the...

Light product cracks continued to improve on both sides of the Suez this week against the backdrop of easing global trade tensions as the...

New emissions limits in the Mediterranean are redrawing bunker fuel flows, though a slump in Suez Canal traffic and limited ULSFO...

Crude oil futures were slightly higher as markets faced mixed signals with the growing prospect of easing trade tariffs offset by OPEC+ discord...

Brent crude oil futures ended the cash market close slightly higher on Thursday as conciliatory tones on a trade war with China were offset by concerns of a break in OPEC+ unity...

Polish energy producer Orlen has signed a third deal to supply 100 million cubic metres of US liquefied natural gas to Ukraine, the firms...

Middle East crude prices retreated for the first time this week amid discord within OPEC+, while gasoline continued to firm...

Benchmarks lost their footing on Wednesday after Kazakhstan warned that its crude oil output would be determined based on national interests...

US exports of total petroleum products set a new all-time high of 6.6 million bpd last year, thanks to growth...

Crude oil futures were lower, having surrendered earlier gains after Kazakhstan said it would not reduce oil production, jeopardising the...

The Dutch government has agreed to restart offshore gas production in the North Sea, aiming to reduce import dependency and lower...

Distillate fuel oil inventories in the United States declined for a third consecutive week last week as level production faced a seasonally...

Ryanair has significantly expanded its fuel hedging program, the airline's Chief Executive said in an interview on Tuesday, securing lower jet...

Rotterdam's bunker fuel sales remained steady in the first quarter of 2025, but the port's status as a bio-bunkering hub took a step back as the...

Middle East crude prices increased for a third session to extend the upwards trend, while the Hi5 spread slipped back below $50/mt...

Dutch tank storage group Vopak has yet to see any major change to supply chains from US tariffs, but said it was well-positioned...

Crude oil futures were moving higher as prices reversed the early-week selloff, with geopolitical concerns overshadowing the prospect of....

Benchmark crude oil futures rebounded on Tuesday as markets braced for escalating geopolitical tensions...