EUROPEAN WINDOW
A free overview of the market at the end of the London trading day
Latest
Brent falls as Gulf refining outages hit supply; Urals surges on demand while shippers add fuel surcharges and traders secure financing.
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Brent Declines to $98.80/bbl
G7 holds off reserves release as Iran risks grow; India buys Russian crude and Saudi intercepts drones near key oilfield.
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Brent Rallies to $92.43/bbl
Total evacuates staff from Basra Iraq at 17:00 GMT (time of writing).
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Brent Softens to $84.35/bbl
Bahrain's BAPCO hit by missile, LPG tankers rerouted to US, India buys Russian Crude
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Brent Softens to $81.02/bbl
US-Iran war, QatarEnergy shuts down liquefaction facility, German subsidiary of Rosneft gets US sanction exemption
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Brent Bounces Back to $82.97/bbl
US considers oil tanker support in Middle East, Russia unable to benefit from oil price surge, Aramco seeks to export oil via Red Sea
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Brent Falls to $77.02/bbl
Brent falls to $77/bbl, Qatar halts LNG production, insurance companies cancel war risk coverage, Canada-US pipeline revival
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Brent Briefly Breaks $73/bbl
Brent around mid-$70s; US takes Venezuelan oil proceeds direct to Treasury; Saudi Aramco pushes Jafurah gas; Russia exports stable into 2025
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Brent Trades Up to $71.80/bbl
Middle East-China tanker freight surges to highest since 2020 amid US-Iran tensions; Russia shifts Urals exports to China as India cuts purc
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Brent Declines to $70.71/bbl
OPEC+ weighs April output hike as Druzhba damage disrupts flows and Europe seeks alternative crude routes.
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Brent Falls Below $71/bbl
Brent dips as refinery maintenance, pipeline delays and rising exports reshape global crude flows.
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Brent Strengthens to $72.04/bbl
Brent firms as Ukraine hits Druzhba link; Aramco sells Jafurah crude, Chevron eyes Iraq field, US diesel flows shift.
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Brent Trades in $71/bbl Handle
EU approves new trustee arrangement; MOL says JANAF required to permit transit of seaborne Russian oil; US Supreme Court ruling on tariffs
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