Business

Investor protections in new NAFTA could leave out some developers: US senator

Uncertainties for midstream investmentsWording fix sought in trade agreement Trump administration… …read more Read more here:: https://www.platts.com/latest-news/oil/Washington/Investor-protections-in-new-NAFTA-could-leave-21248335 Learn more

White House may use Iran sanctions to justify SPR draw: ex-Obama adviser

The Trump administration may use forthcoming sanctions on Iranian crude oil to justify a release… …read more Read more here:: https://www.platts.com/latest-news/oil/Washington/White-House-may-use-Iran-sanctions-to-justify-21248229 Learn more

Brazil’s Petrobras to form refinery joint venture with China’s CNPC

Petrobras is to form two joint venture companies with China National Petroleum Corp. (CNPC) to… …read more Read more here:: https://www.platts.com/latest-news/oil/RiodeJaneiro/Brazils-Petrobras-to-form-refinery-joint-venture-21247659 Learn more

Saudi-Kuwait Neutral Zone oil fields seen offline for a while on talks setback

Prospects ‘dead as a door nail,’ source saysSovereignty issue involving Chevron’s role …read more Read more here:: https://www.platts.com/latest-news/oil/London/Saudi-Kuwait-Neutral-Zone-oil-fields-seen-offline-21246216 Learn more

Crude oil stabilizes after early losses despite ongoing US-Saudi dispute; NYMEX WTI down to $71.58/b, ICE Brent $80.64/b

Crude oil futures trimmed early losses to trade at around flat in late-morning US trading… …read more Read more here:: https://www.platts.com/latest-news/oil/NewYork/Crude-oil-stabilizes-after-early-losses-despite-26032256 Learn more

US Republican Senator Graham says would ‘sanction the hell out of Saudi Arabia’

One of the top supporters of US President Donald Trump in the US Senate, Lindsey… …read more Read more here:: https://www.platts.com/latest-news/oil/WashingtonDC/US-Republican-Senator-Graham-says-would-sanction-26032186 Learn more

McDermott Starts Tyra Redevelopment Fabrication

McDermott International has held a first steel-cutting ceremony at its fabrication yard in Batam, Indonesia, to mark the start of fabrication for the Tyra Redevelopment project. “As the project… [[ This is a content summary only. Visit my website for Learn more

Crude oil complex lower as geopolitical tensions ease; ICE Brent down to $80.19/b, NYMEX WTI $71.20/b

The crude oil futures complex eased off during Tuesday morning trading in Europe, falling further… …read more Read more here:: https://www.platts.com/latest-news/oil/London/Crude-oil-complex-lower-as-geopolitical-tensions-26032026 Learn more

Novorossiisk fuel oil terminal could switch to handling light products

The fuel oil terminal at the Black Sea port of Novorossiisk could be switched to… …read more Read more here:: https://www.platts.com/latest-news/shipping/London/Novorossiisk-fuel-oil-terminal-could-switch-to-26032014 Learn more

Oil market well supplied and balanced, although in fragile state: OPEC Sec Gen Barkindo

OPEC holds the view that the oil market is adequately supplied and balanced at the… …read more Read more here:: https://www.platts.com/latest-news/oil/NewDelhi/Oil-market-well-supplied-and-balanced-although-26031990 Learn more