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This post was originally published on this siteLatin American tenders have gone into hiding as refined oil products reached record highs again March 7, with the product most in demand — diesel — the hardest to find, afford and ship. ULSD and gasoil futures led refined products increases, largely because of Europe’s dependency on Russian […]

This post was originally published on this site Berlin has halted the Nord Stream 2 Baltic Sea pipeline project, which would have doubled Russian gas flows to Germany, following Russia's invasion of Ukraine, which Moscow calls a "special operation".

This post was originally published on this siteOPEC plans to “stay the course” on its oil production schedule and not further hike volumes in reaction to the “global gamechanger” of Russia’s war in Ukraine, OPEC Secretary General Mohammed Barkindo said March 7. Arguing that potential oil supply shortages are political in nature and that diplomacy

This post was originally published on this site In the Western Permian Basin, the Railroad Commission began implementation last week of a first of its kind operator-led response plan that addresses injection-induced seismicity to help keep residents and the environment safe.

This post was originally published on this site United Steelworkers International President Tom Conway said the union called on their government and employers to cut off all Russian imports of crude oil that would be processed in our domestic refineries.