Europe Oil Market News

The week's sharp crude losses extended into Friday after China retaliated to US tariffs with sweeping levies of its own,...

Benchmark crude oil futures were down another 6.2% on Friday as China unveiled tariffs of its own against the United States, while rising OPEC+...

Rhone Energies said Friday it was restarting a refinery unit after completing maintenance at its 140,000 bpd...

Diesel margins in the West of Suez market fell to the lowest levels of the year this week as Washington's belligerent protectionist policies...

Singapore HSFO cash differentials plunged to their lowest level in nearly a year this week, leading losses across the fuel oil complex...

East of Suez crude oil prices were spiralling lower Friday amid the double hit from tariffs and higher OPEC+ output, with product flat prices...

Inventories of refinery feedstocks in China's Shandong province have risen to the highest level since early April as local refiners rushed to clear...

Goldman Sachs has lowered its expectation for crude oil prices as the US introduced sweeping tariffs on its global trading partners, while the market is also...

Western Canadian Select (WCS) heavy discounts have tightened Thursday unlike similar grades in the...

The UK government on Thursday approved plans to almost double passenger numbers at Luton airport...

Benchmark crude oil futures slid on Thursday, the unveiling of Washington's latest sweeping tariffs compounding an unexpected hike in OPEC+...

Oil futures gapped lower at the Asian open Thursday as the market digested the implications of a bigger-than-expected series of...

Equinor's Kollsnes gas processing plant has suspended operations following a power outage, the company announced on Thursday...

BP said Thursday that it would be axing its low-carbon mobility team, marking another casualty in the rewiring of strategy toward the...

Refined oil product inventories in the Antwerp-Rotterdam-Amsterdam (ARA) trading and blending hub increased marginally this week...

Naphtha cracks have plummeted in the West of Suez market, with investors monitoring a US-brokered truce between Russia and Ukraine to...

Middle East benchmark Dubai rowed back Thursday as the latest round of US tariffs rocked oil markets, while naphtha prices...

BP on Thursday announced it has safely delivered its first gas from the Cypre development offshore Trinidad and Tobago...

Benchmark crude oil futures drifted lower on Wednesday as markets braced for further escalation in global trade tensions, while LSGO...

Refined oil product deliveries into the Spanish market from Exolum terminals lost momentum in March, according to figures published on...