Shell (SHEL LN) shuts down 200k bpd crude unit at its Dutch Pernis refinery, Reuters reports citing Genscape

Shell's decision to shut down a 200k bpd crude unit at its Dutch Pernis refinery is significant, as it indicates a potential reduction in supply that could tighten the oil market.

Newsquawk StaffPublished 14 Apr 2026, 14:57 UTCOn the live feed at 14:37 UTC — 2 more headlines followed before this page went public

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14:43

White House Economic Advisor Hassett says the increase in oil prices will reverse, adds there is room for Fed to cut, Bloomberg reports

14:40

South Korea is reportedly in negotiation with Iran to pass ships through Hormuz; "The South Korean Ship Owners' Association has also proposed to pay tolls for passing through the Strait of Hormuz to Iran as a short-term solution", Fars reports

14:37

Shell (SHEL LN) shuts down 200k bpd crude unit at its Dutch Pernis refinery, Reuters reports citing Genscape

14:36

US Treasury Secretary Bessent says the Treasury is to target cartel revenue streams including fentanyl and illegal alien trafficking

14:36

China's Foreign Minister announces that China and Russia are to strengthen their strategic partnership

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Context

This news may lead to upward pressure on both WTI and Brent prices if the closure persists, reinforcing concerns around supply stability in an already volatile environment.

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