US DoE says 8.5mln bbls of oil transited through the Strait of Hormuz yesterday, reports CNBC
Newsquawk Staff ·
US DoE says 8.5mln bbls of oil transited through the Strait of Hormuz yesterday, reports CNBC.
- US President Trump invokes Defense Production Act for petroleum capacity and waives Section 303 rules to expand oil capacity
- QatarEnergy in advanced talks to with Venture Global (VG) to purchase at least 3mln metric tonnes of LNG per year, according to reports
- CRUDE WRAP: WTI (Z6) SETTLES USD 2.32 HIGHER AT 99.47/BBL; BRENT (Z6) SETTLES USD 4.35 HIGHER AT USD 113.17/BBL
- Russian Cabinet says gasoline and diesel production has increased on the Russian market and stocks are being formed, TASS reports; Deputy PM Novak notes positive dynamics in the Russian fuel market
- Qatar said it is looking for more LNG deals outside the Middle East
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