Europe Oil Market News

Middle East benchmark Dubai registered the lowest post-Covid average in March, coinciding with the first planned hike in OPEC+...

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

Benchmark crude oil futures opened the week sharply higher as Russian oil faced further Western pressure, while improving...

Vitol-backed Varo Energy has announced a deal to buy Sweden's Preem, in a deal that will make it the region's top refiner...

TotalEnergies on Monday was restarting a unit at its 240,000 bpd Gonfreville refinery in Northern France...

A consortium led by infrastructure group BlackRock to buy more than four dozen ports, including...

Equinor's Johan Castberg oilfield in the Barents Sea has started production, the Norwegian energy company announced on Monday, following...

Crude futures were trading near one-month highs Monday as the market weighed threats from US President Donald Trump to impose...

Global airline seat capacity is projected to reach 493.8 million in March, up 9% from the same month in 2024, according to data from...

Crude output in Brazil reached its highest level in over a year last month as the South American giant continues to recover after losing...

Asia commentary and pricing are suspended Monday for the Eid-al-Fitr and Hari Raya Puasa holidays in Singapore. A normal...

Benchmark crude oil futures extended losses on Friday but posted the third consecutive weekly gain, as tightening market balances...

Crude oil futures hovered near one-month highs on 28 March, on track for a third straight weekly gain, as tightening global supply...

Diesel margins fell under pressure in the West of Suez market this week as concerns over the implications of Washington's tariffs...

Russia on Friday accused Ukraine of destroying a gas metering station in the Kursk region, raising tensions over a fragile US-brokered...

Cracks on EBOB barges jumped sharply higher on the seasonal transition to premium summer grades this week...

Total French E10 sales fell back on the month in February, although daily average sales edged higher and volumes on both a total and daily...

Middle East crude prices posted a third week of gains to leave benchmark Dubai at monthly highs for the May25 contract expiry, boosted by...

The Norwegian Offshore Directorate (NOD) announced on Friday that it had made an oil and gas discovery in the northern sector of the...

Dubai crude spiked to fresh monthly highs Friday after a solid week, while refined product prices showed little initial reaction to news of...