Crude oil
U.S. crude stocks rise, gasoline and distillate inventories fall
U.S. crude stocks rose as oil refiners took in less oil, following extreme cold weather that knocked out utilization last month, the Energy Information Administration reports.
TotalEnergies no longer sending ships through Red Sea
TotalEnergies has not sent ships through the southern strait leading to the Red Sea and the Suez Canal for several weeks, extending its ships' travel time to Europe, the French oil major said.
India will be world's biggest oil demand growth driver through 2030
India is expected to be the largest driver of global oil demand growth between 2023 and 2030, narrowly taking the lead from top importer China.
Woodside, Santos scrap talks on $52-B merger
Australia's Woodside Energy and Santos said they had ended talks to create a possible $52-B global oil and gas giant, and Santos flagged it would look for other ways to bolster its value.
Exxon raises Guyana's oil production to about 645,000 bpd
A consortium led by Exxon Mobil Corp which controls all oil production in Guyana is pumping about 645,000 bpd in the South American country, up from about 400,000 bpd in late 2023.
Russia's Tuapse oil refinery will not resume operations this month
Rosneft-owned Tuapse oil refinery on the Black Sea will not resume operations this month, at the very least.
SOCAR ships Azeri BTC oil to Thailand via Cape of Good Hope
Azerbaijan's state oil company SOCAR is shipping Azeri BTC oil to Thailand via Africa's Cape of Good Hope to avoid the Red Sea.
Maintenance shutdown planned for Czech Litvinov oil refinery in April-May
Czech oil refiner Unipetrol will perform maintenance on its 109,000 bpd Litvinov oil refinery from April 4 to May 15.
Norway to add more Arctic acreage for oil and gas drilling
Norway plans to add another 37 blocks to its annual so-called pre-defined areas oil and gas licensing round in the Norwegian Sea and the Barents Sea.
Traders divert Russian oil products around Africa to avoid Red Sea
Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk of attacks by Yemen’s Iran-aligned Houthi group.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26
