The European Commission launched this week the first High-Level Dialogue with the European refining industry to discuss how to strengthen Europe’s energy security, defence readiness and industrial competitiveness in a rapidly changing geopolitical environment. The meeting was chaired by Dan Jørgensen, Commissioner for Energy and Housing, and Andrius Kubilius, Commissioner for Defence and Space.…
The US has supplied 11% more fuel oil per day on average in October so far than in September, according to the Energy Information Administration (EIA).
Extremely low Rhine water levels have tightened refined product supplies into Switzerland, forcing importers to increasingly rely on alternative transport routes and compulsory diesel stocks as barge…
Oil prices rose near six-month highs on Friday as the prospect of renewed U.S. military action against Iran clouded hopes for a diplomatic breakthrough, reviving concerns over supply disruptions.