Crude oil
Iraq says it has had no Turkish reply on northern oil exports
Iraq has not heard back from Turkish state energy company BOTAS on a request to restart oil export flows through a pipeline that runs from the semi-autonomous Kurdistan Region in northern Iraq to the Turkish port of Ceyhan.
Tight market for sour crude oil to squeeze U.S. Gulf Coast refiners
Sour crude oil supplies for U.S. Gulf Coast oil refiners will be squeezed in coming weeks, market participants said, as global demand rises following this mConth's OPEC+ production cut.Sour crude oil supplies for U.S. Gulf Coast oil refiners will be squeezed in coming weeks, market participants said, as global demand rises following this mConth's OPEC+ production cut.
Record U.S. crude exports, rising shale output boosts oil flow to Houston
U.S. crude exports climbed to a record of about 4.5 million bpd in March, spurred by recovering Chinese demand and competitive pricing for U.S. oil.
U.S. could start buying oil for reserve after June sale, energy secretary says
U.S. Energy Secretary Jennifer Granholm told lawmakers her department could start repurchasing oil for the Strategic Petroleum Reserve after completing a congressionally mandated sale next month.
Oil falls 2% on weak U.S. and Chinese economic data
Oil prices fell about 2% to a one-week low as a political standoff over the U.S. debt ceiling stoked recession jitters in the world's biggest oil consumer, while rising U.S. jobless claims and weak Chinese economic data weighed.
Alberta producers restart oil and gas operations as wildfires temporarily ease
A number of oil and gas companies in Canada's main crude-producing province Alberta restarted shuttered production as wildfires that sparked widespread evacuations eased, although officials warned conditions could deteriorate.
China cuts second batch of 2023 fuel export quotas
China has decreased its second batch of export quota volumes for refined oil products, consultancies and trader sources said, focusing on local demand during the refinery overhaul season and boosting domestic sales amid poor export margins.
Iraq asks Turkey to resume northern oil export pipeline
Iraq has sent an official request to Turkey to restart oil export flows through a pipeline that runs from the semi-autonomous Kurdistan Region in northern Iraq to the Turkish port of Ceyhan.
Russia's Transneft says Druzhba pipeline 'attacked' near Ukraine border
Russia's oil pipeline operator Transneft said that a filling point on the Europe-bound Druzhba pipeline in a Russian region bordering Ukraine had been attacked, the TASS news agency reported, citing the company.
Congo in discussions with Uganda over use of crude pipeline
The Democratic Republic of Congo is in discussions with neighboring Uganda for possible use of the east African country's planned crude oil pipeline to export petroleum, Congo's hydrocarbons ministry said.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests 2/12
- Russia to send crude oil and fuel to Cuba soon, Izvestia reports 2/12
- Vietnam's largest refinery to operate at 120%–125% of designed capacity in Q1 2/12
