Crude oil
Snow, landowner, delay Utah pipeline repairs
HOUSTON (Reuters) -- Refiners and pipeline shippers in the Salt Lake City area are facing new delays obtaining crude oil after a pipeline outage last week was followed by snow on Friday that made it difficult to deliver much-needed oil by truck.
OPEC compliance seen growing as laggards Iraq and UAE pledge action
LONDON (Reuters) -- OPEC has so far surprised the market by showing record compliance with oil-output curbs and could do so further in coming months as the biggest laggards -- the United Arab Emirates and Iraq -- pledge to catch up quickly with their targets.
EIA: US crude oil stocks build for seventh straight week
NEW YORK (Reuters) -- US crude oil stockpiles rose last week for a seventh straight week but less than forecast, while gasoline inventories fell far more than expected as refineries cut output, the Energy Information Administration said on Thursday.
Vitol and Galaxy Energy win Rosneft tender for Urals crude
MOSCOW (Reuters) -- Russia's Rosneft awarded a sell tender for Urals crude oil for loading from Primorsk, Ust-Luga and Novorossiisk between April and September to traders Vitol and Monaco-based Galaxy Energy, four market sources told Reuters.
Vietnam's new Nghi Son refinery expects to get first crude oil in May
HANOI (Reuters) -- Vietnam's new $7.5 billion Nghi Son oil refinery expects to take delivery of its first crude oil in May and to have its first products by the third quarter of the year, the company said on Thursday.
Indian refiners process 1.5% less oil in January
(Reuters) -- Indian refiners processed 21.11 MMt, or 4.99 MMbpd, of crude oil in January, a decline of around 1.5% compared with the same period last year, as many state refiners shut units for maintenance, preliminary government data showed on Wednesday.
Qatar minister says it’s too early to say whether output cuts to be extended
LONDON (Reuters) -- It is still too early to say whether oil producers will extend their output reduction agreement when members of the Organization of the Petroleum Exporting Countries meet in May, Qatar's energy minister said on Wednesday.
Oil rises as OPEC aims for deeper output cuts
LONDON (Reuters) -- Oil prices rose more than $1 a barrel on Tuesday after OPEC said it was sticking to its agreement to cut production and hoped compliance with the deal would be even higher.
After OPEC cuts heavy oil, China teapot refiners pull US supply to Asia
SINGAPORE/HOUSTON (Reuters) -- Chinese independent, or teapot, refiners are bringing in rare cargoes of North American heavy crude in a new long-distance flow that traders say has only been made possible by OPEC's output cuts and ample supplies in Canada and the United States.
ADNOC offers Murban crude from S. Korea storage in rare move
SINGAPORE (Reuters) -- Abu Dhabi National Oil Company has offered Murban crude to be loaded in April from its oil storage in South Korea in a rare move, three trade sources said on Thursday.
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- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
