The group confirmed that the bloc's overall oil supply is stable for the time being, although members expressed concern regarding recent price volatility. The coordination group's assessment indicates that EU refineries are responding effectively to market signals to ensure continuity of supply.
Tuesday, October 20, 2026
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EU Refineries Run at Near Max Capacity to Maintain Stable Oil Supply
Commodities21 days ago
European energy officials convened on Tuesday to monitor the impact of fuel costs on the region's crude processing capabilities. The EU Oil Coordination Group found that fuel availability has remained resilient despite higher diesel and jet fuel prices, with refineries producing at levels close to their maximum output to keep up with demand.
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