U.S. gasoline and diesel inventories are drawing down and sitting below the five-year average for this time of the year, pointing to resilient fuel demand and supporting both crude oil prices and U.S. refining margins.
Putin Says OPEC+ Cuts Were To Maintain High Oil PricesBP Looks To Expand Its Biofuels BusinessIndia Cuts Crude Oil Windfall Tax To ZeroChief Executive Of America’s Largest Oil Port Unexpectedly ResignsRefinery Utilization Plans Tell Story Of Strong Oil Products Demand in U.S.Equinor Reopens Gas Field In A Boost For Exports To EuropeRecord Chinese Oil Demand Prompts IEA To Lift Global Growth ForecastAustralian Gas Giant Wants To Import Carbon Dioxide From AsiaU.S.
Boosts Military PresenceEU Lawmakers Seek Revenue Cap On Power Firms If Energy Prices SoarVenezuela Plans To Issue LNG Export Licenses To European MajorsONEOK And Magellan Merger To Create $60-Billion Pipeline GiantNewcrest Agrees To Newmont’s $17.8 Billion Takeover BidJustice For NordStream Attack? Highly UnlikelyShell Suspends Production At The World’s Largest Floating LNG FacilityU.S. Could Start Buying Oil To Refill SPR As Early As JuneU.S.
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