Russia to cut oil exports from Western ports by one-third M/M in June, Reuters reports, citing sources
Newsquawk Staff ·
Russia to cut oil exports from Western ports by one-third M/M in June, Reuters reports, citing sources.
- US Weekly Private Inventory Data (bbls): Crude -4.9mln (exp. -1.1mln), Gasoline -2.0mln (exp. -0.7mln), Distillate -2.6mln (exp. -1.6mln), Cushing +0.9mln.
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.72 LOWER AT 97.82/BBL; BRENT (X6) SETTLES USD 0.76 LOWER AT USD 108.78/BBL
- IRGC Navy says super tanker struck sea mine, exploded off Hormuz; Fars reports; tanker carried 2mln barrels of oil
- UK government is expected to approve the Jackdaw gas field on Wednesday, according to Politico
- US Energy Secretary Wright says "more to do" on refining and defense production act funding
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