Europe Oil Market News

Middle East crude markets were pegged back slightly on Thursday but remained at the higher end of the February trading range...

Norway's crude oil and gas production declined in January, preliminary figures showed Thursday, as extended maintenance at Equinor's...

Benchmark crude oil futures climbed for the third consecutive session on Wednesday as investors braced for disruptions to global supply...

Crude oil futures Wednesday extended the week's firmer tone as supply side concerns came back into focus...

The diesel EFS widened to levels last seen in April during trade on Wednesday as European market strength and closed Transatlantic arbitrage...

Strengthening HSFO cracks in the East of Suez market have drawn increased arbitrage flows from Russia and the Middle East...

A potential ceasefire in Ukraine would unlikely increase Russian oil exports even with easing sanctions, analysts at Goldman Sachs said...

Middle East crude markets moved higher Wednesday, breaking out of the recent narrow trading range, while the diesel EFS widened...

Swiss-based trading reported lower earnings for a second year as the decline in the commodities and mining sectors continued to weigh...

Benchmark crude oil futures extended gains on Tuesday amid escalating geopolitical tensions and OPEC+ uncertainty, while the LSGO forward...

Crude oil futures were nudging higher for a second session with investors watching a number of moving parts and conflicting price signals...

The LSGO forward curve reached its steepest backwardation since March 2024 on Tuesday, reflecting increased tightness in the...

Russia's Energy Ministry is seeking to extend gasoline export exemptions for refiners until August, contradicting earlier calls for...

European naphtha markets have rallied significantly over recent weeks, with robust petrochemical demand and improved gasoline...

OPEC+ is considering a further postponement in planned production increases, according to Bloomberg, although Russia said...

Middle East crude nudged higher during Tuesday's session while the naphtha east-west continued to weaken amid strength in the European market...

Transneft warned crude flows through the Caspian Pipeline Consortium (CPC) could fall by as much as 30% for up to two months after a...

Benchmark crude oil futures opened the week higher on Monday as investors braced for pressure on Iran, while LSGO weakened further under...

Crude oil futures opened the week slightly higher against a backdrop of cautious trading as geopolitics and macroeconomics continued to...

The resumption of oil exports from the semi-autonomous Kurdish region of Iraq moved a step closer Monday, after clearing a number of legal...