General

Analysis: Physical crude oil market steams ahead after Omicron blip

This post was originally published on this siteSummary Refiners underbought due to Omicron demand fears Outages in Libya, Canada and Ecuador tightened supply Traders cautious on sustained rally China uncertainties, refinery turnarounds will weigh LONDON/BANGALORE/SINGAPORE, Jan 16 (Reuters) – Frantic oil buying driven by supply outages and signs the Omicron variant won’t be as disruptive

Analysis: Physical crude oil market steams ahead after Omicron blip Read More »

U.S. drillers add most oil and gas rigs in a week since April as rig count tops 600 – Baker Hughes

This post was originally published on this siteJan 14 (Reuters) – U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad. The oil and gas rig count, an early indicator of future output, rose 13

U.S. drillers add most oil and gas rigs in a week since April as rig count tops 600 – Baker Hughes Read More »

Valero shutting large hydrocracker at Port Arthur, Texas, refinery for planned overhaul -sources

This post was originally published on this siteHOUSTON, Jan 13 (Reuters) – Valero Energy Corp on Wednesday began shutting the large diesel-producing hydrocracker at the start of a multi-unit overhaul at its 335,000 barrel-per-day (bpd) Port Arthur, Texas, refinery, people familiar with plant operations said. A Valero spokesperson did not reply to a request for

Valero shutting large hydrocracker at Port Arthur, Texas, refinery for planned overhaul -sources Read More »

Russia Rejects IEA Charge It’s to Blame for Europe Gas Crunch

This post was originally published on this siteRussia has nothing to do with the energy crisis in Europe, Deputy Prime Minister Alexander Novak said, rejecting allegations from the International Energy Agency this week that it’s holding back supplies and driving up prices of natural gas. “Neither Russia nor our main exporter Gazprom have anything to

Russia Rejects IEA Charge It’s to Blame for Europe Gas Crunch Read More »

Russia Rejects IEA Charge It’s to Blame for Europe Gas Crunch

This post was originally published on this siteRussia has nothing to do with the energy crisis in Europe, Deputy Prime Minister Alexander Novak said, rejecting allegations from the International Energy Agency this week that it’s holding back supplies and driving up prices of natural gas. “Neither Russia nor our main exporter Gazprom have anything to

Russia Rejects IEA Charge It’s to Blame for Europe Gas Crunch Read More »

Shopping Cart