Europe Oil Market News

The new front-line Dubai crude contract opened the month at fresh 2025 lows, while middle distillate cracks were looking weaker...

Rhone Energies said Sunday it had completed maintenance at its 140,000 bpd Fos-sur-Mer refinery, after bad weather...

Finland has freed an oil tanker suspected of severing a key power cable in the Baltic Sea, but three crew members remain barred from...

Speculators continued to roll back their bullish positions in the crude oil futures market last week amid rising optimism about a truce for...

Benchmark crude oil futures ended the week sharply lower on Friday as markets weighed the implications of Washington's latest tariffs on...

Crude oil futures Friday were trending lower with the threat of a tariffs-led global trade war dampening sentiment...

Russia's oil giant Lukoil on Friday dismissed reports that two of its employees had been forced to leave Romania...

The European aviation sector will be vulnerable to global oil market uncertainty over the years ahead, according to the region's air traffic...

Middle East crude resumed the downward trend over the past week, although benchmark Dubai continued to outpace Brent massively...

Blending economics were dealt a fresh blow this week as naphtha's ascent was unmatched by gasoline...

The chemical industry in Europe is facing extinction, Jim Ratcliffe, CEO of INEOS, said in an open letter to European politicians earlier this week, adding that decarbonising Europe by deindustrialisation was 'idiotic'...

Diesel margins fell under pressure in the West of Suez market this week as swelling inventories in the US and warming temperatures helped to...

Tightness in Asia's HSFO market persisted as the paper curve steepened to its highest in multiple years, even as spot prices and cracks softened from recently elevated levels...

Dubai crude posted a strong finish on the final session of February, while marine fuel cracks held at eight-month lows....

Norway's Equinor will temporarily suspend operations at its Hammerfest LNG terminal for "corrective maintenance", a regulatory filing...

Mexico's Pemex hopes to restart production at nearly half its offshore rigs by the second half of the year

Below is a list of monthly averages for key Quantum refined oil product spot physical assessments...

Eni kept output steady in the fourth quarter, but refining and LNG earnings took a hit as weaker margins eroded profitability...

Benchmark crude oil futures rebounded on Thursday as Venezuelan exports were targeted in Washington's latest orders, while LSGO cracks...

Brazil's Petrobras has slashed the amount of money paid out to investors after it swung to a surprise loss in the fourth quarter...