Crude oil
China's January–February refinery output up 2.1% on holiday travel, new refinery
China's crude oil throughput in January and February rose 2.1% vs. a year earlier, official data showed on Monday, supported by a new refinery and holiday travel, but weak refining margins persisted.
Canada could restrict its oil exports to U.S. if Trump trade war escalates
Canada could impose non-tariff measures such as restricting its oil exports to the United States or levying export duties on products if a trade dispute with the U.S. escalates further.
EIA: U.S. crude inventories rise, fuel draws down amid ongoing maintenance
U.S. crude oil stockpiles rose and fuel inventories fell last week as seasonal refinery maintenance season ticked along.
Indian refiners turn to Latin America, Africa to replace Russian oil in Feb.
India's crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russian oil supplies caused by tighter U.S. sanctions.
Guyana considers plan to refine oil in US, import fuel
Guyana is considering a plan to export crude oil to the U.S. for refining and to bring back fuel for domestic supply and possibly for sale to nearby countries, Guyanese President Irfaan Ali said.
Bolivia issues incentives to import fuel, help private sector meet shortages
Bolivia's energy ministry announced a set of incentives to import gasoline and diesel, in a bid to promote the country's private market and overcome an extended fuel shortage.
Indonesia to build oil refineries with total capacity of 1 million bpd
Indonesia will build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day, upgrading from a planned single refinery with a 500,000 bpd capacity, the energy minister said.
Crude shipments on Druzhba pipeline suspended after drone attack, Hungary says
Shipments of crude oil via the Druzhba pipeline have been suspended following a Ukrainian drone attack on a metering station.
Nigeria's NNPC, Dangote refinery in talks to extend naira-based crude supply deal
Nigeria's state oil company NNPC Ltd. has begun discussions with the Dangote oil refinery to extend its contract for supplying crude oil in the naira currency.
Mexico's Pemex prioritizes refining as it diverts heavy oil away from Gulf
Mexico's state oil company Pemex expects to continue diverting barrels of heavy crude away from U.S. Gulf Coast refiners as its new Olmeca refinery ramps up processing.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
