EurOil - Europe Oil & Gas

22 March 2026

Turkey’s diesel tax buffer evaporates amid booming oil prices and refinery margins

21 March 2026

Annual rise in diesel price reaches 57% versus 37% on gasoline.

US extends licence for Serbia’s NIS as global oil prices surge

21 March 2026

Serbia’s sanctioned oil company NIS has secured a new special license from the US Department of the Treasury allowing it to continue operations until April 17, as global oil markets reel from the war in the Middle East.

Serbia cuts fuel excise duties by 60% to curb prices

21 March 2026

Serbia will slash fuel excise taxes by a further 40%, bringing the total reduction to 60%, President Aleksandar Vucic announced on March 20, as global oil prices spike due to war in the Middle East.