Stay updated with breaking news from Repi Refining. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/I2JWYJAX7ZNA7PGCR54GNUEG4E.jpg)
Russia boosted gasoline exports by nearly 50% year-on-year in the first quarter, shipping cargoes directly to Africa as it carved out new trade routes after the European Union sanctioned Russian oil, ship tracking data showed.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/ITHD5ZEEJRMI5ATQ3TNKDNLDKU.jpg)
Guyana's closely watched auction of 14 offshore oil blocks faces a delay with the South American country pushing back the deadline for oil explorers to submit bids to mid-July.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/BPGNX5YW4FLC5PUPIIBDVB6EFY.jpg)
Benchmark Northwest European diesel refining margins dropped to $17.70 a barrel on Wednesday, their lowest since Feb. 25, 2022, a day after Russia launched its invasion of Ukraine, data showed.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/FOOST5AG7NJOBGGFVYWQHKRLP4.jpg)
U.S. crude inventories rose unexpectedly last week, the Energy Information Administration said on Wednesday, helped by release of oil from the U.S. government emergency reserve as well as weaker levels of export.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/W5I6EUEKE5LXBFULBIGUGOK4HE.jpg)
Hungary's foreign minister said on Tuesday that he agreed with Russia that energy giant Gazprom would maintain an option for additional gas shipments to Hungary this year on top of quantities shipped under a long-term deal.