Europe Oil Market News

Global energy service provider Haliburton sees more risks embedded in its market outlook for the rest of this year amid the uncertainty in...

TotalEnergies announced Tuesday it would cease operations at its Antwerp steam cracker in Belgium by the end of 2027...

Italian deliveries of refined oil products fell by 2% over the year to March, industry figures showed late last week, with declining sales of diesel...

Middle East crude prices posted slim gains for a second session, while backwardation at the front of the gasoline forward curve continued to...

Arrivals of Russian crude oil to India are on track to reach the highest level since last November, amid increased shipments from the Far East...

Speculators continued to unwind long positions in Brent crude last week, as mounting concerns over a prolonged global surplus and the...

US crude prices fell 2.5% Monday after the long, Easter holiday weekend amid fears the US and China are not making progress...

Crude oil futures opened the week lower following the extended holiday weekend as tariff concerns continued to dominate sentiment...

Ports in the US will begin charging new fees that will increase over time for ships belonging to Chinese...

Russia and Kazakhstan have held a series of high-level discussions, prompting speculation that Moscow has been tasked with convincing...

Turkey is set to finalise an oil and gas exploration deal in Bulgaria's Black Sea waters next month as part of a broader drive to reduce its...

Middle East crude prices opened the week higher, while the front month gasoil EFS reached the widest in a fortnight...

OPEC+ needs to clear a backlog of almost 140 million barrels via its "compensation mechanism" if is to clear the overproduction since...

The Czech Republic ended a more than 60-year reliance on Russian crude supply after a Prague-area tank farm received this week its first...

Crude oil futures were higher Thursday, extending gains on hopes of a thaw in the US/China trade standoff, while tightening Iran sanctions...

Benchmark crude oil futures extended gains on Thursday on the prospect of easing trade tensions between the United States and China, while...

Australia's Woodside Energy has signed a more than decade-long deal with Uniper to supply the German energy company with 2 million mt...

French oil product demand was seen higher over the year in March on higher gasoline and jet consumption...

Crude oil refining margins in Asia are expected to stay under pressure until at least the end of 2025 as global markets are set to remain...

Middle East crude prices rounded off a positive week Thursday posting a two-week high, with firmer crude prices eating into product cracks...