Page 6 - Mukesh Sahdev News Today

The war in Ukraine is strengthening the role of Asia and the Middle East as the worlds main providers of fuels like diesel and gasoline that are crucial to the global economy.

Rystad Energy discuss how Africa is poised for a downstream refining revival, as Europe prepares for the phase out of Russian oil and focuses on the energy transition.

Crude oil tanks at the Cushing, Oklahoma storage hub are more depleted than they have been in the last three years, and prices of further dated oil contracts suggest they will stay lower for months. U.S. demand for crude among refiners making gasoline and diesel has surged as the economy has recovered from the worst ...

Oil inventories on the U.S. Gulf Coast have grown to the highest in about ten years, adding 20 million barrels since the beginning of the month

Crude oil tanks at the Cushing, Oklahoma storage hub are more depleted than they have been in the last three years, and prices of further dated oil contracts suggest they will stay lower for months.

NEW YORK—Crude oil tanks at the Cushing, Oklahoma storage hub are more depleted than they have been in ...

But resumption of Iran output could end the price rally, says one analyst.

* China's May crude imports at 9.65 mln bpd vs 9.82 mln bpd in Apr

A Department of Homeland Security spokesperson said in a statement that its action was part of a “whole-of-government response.” Mukesh Sahdev, senior vice president and head of downstream at research company Rystad Energy said that over the next few days, it’s important for the government to provide people with communication and clarity.  “The communication side is very important because sometimes it’s not a big issue per se, it is the reaction to the issue and the panic buying ......