Europe Oil Market News

Crude oil futures Tuesday were slightly lower as markets struggled to hold the previous session's late gains...

Energy major BP has signed an agreement with the Iraqi government to invest in several major upstream projects around Kirkuk...

The US wants to impose new fees and take other actions on Chinese players in the global maritime, logistics...

The European automotive sector opened the year in contraction, industry data showed Tuesday, as declining sales of conventional vehicles...

Shell hiked its outlook for global LNG demand Tuesday, seeing 60% growth out to 2040 from 50% this time last year...

Middle East crude rebounded after the US announced a new round of sanctions aimed at Iran, while the diesel EFS widened further...

Global electricity demand is poised to outpace overall energy growth dramatically during the next decade, the International Energy...

The head of the International Energy Agency (IEA) has suggested that European nations will be better positioned to replace Russian LNG...

Middle East crude opened the week lower as prices caught up with the pre-weekend Brent selloff after Asia had closed, with the move help...

BP is set to abandon its pledge to cut oil and gas output and announce at least one major divestment at its investor day Wednesday...

Energy consultancy Wood Mackenzie expects Brent prices to average at just below current levels this year, as new production...

Benchmark crude oil futures opened the week lower as markets braced for increasing volumes entering the market, while LSGO extended losses...

The US Treasury Department on Monday sanctioned more than 30 brokers, tanker operators, and shipping companies...

The UK government has announced £200 million ($253 million) in funding to secure the future of clean energy production at the...

The marine fuel 0.5% sulphur East-West spread narrowed to $30.25/mt, its lowest level since August 2022, as declining Singapore price...

Crude oil futures opened the week little changed as markets steadied following Friday's selloff that wiped out the week's gains...

The Ukrainian military said Monday it struck the Ryazan oil refinery in an overnight drone attack

The European Union announced on Monday that it has suspended sanctions on Syria, potentially paving the way for additional supplies to enter a...

Platts has no plans to make further changes to its Dated Brent methodology, with the industry satisfied that the major upgrades...

Oman's Duqm refinery has boosted production by 10% to 255,000 bpd around a year after inauguration, according to its CEO David Bird...