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  • Venezuela redirects Iranian crude on quality issues

    From argusmedia.com

    Recent shipments of Iranian crude sent for processing at PdV's 140,000 b/d El Palito refinery — part of an energy deal between Caracas and Tehran — caused operational problems that required the crude to be processed instead at western Venezuela's Centro de Refinacion Paraguana (CRP) refining complex, sources told Argus. The El Palito refinery had many problems handling the Iranian crude in part because it was too acidic, said exiled oil union organizer Ivan Freites, with problems centered on distillation tower operations. "So they opted to send the crude instead to CRP, and that is where they are processing it," ... (full story)

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    Putin Bans Oil Companies, Banks From Exiting Nation to Year-End

    From bnnbloomberg.ca|Aug 6, 2022

    President Vladimir Putin tightened his control over two key sectors of the Russian economy with a decree that bans some foreign banks and energy companies, including Exxon Mobil ...

    Week Ahead Economic Preview: Week of 08 August 2022

    From ihsmarkit.com|Aug 5, 2022|1 comment

    Q2 GDP updates will be due for the UK, Russia and Singapore in the coming week alongside a series of inflation data for the US, India, China, Germany, France and Italy. At the ...

    No Recession Here

    From lplresearch.com|Aug 5, 2022

    The economy added 528,000 payroll jobs in July after a solid gain in June and May. The strong gains in the job market last month should further cement the claim that the U.S. is ...

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    Gasoline Demand Dip That Spooked Market Sparks Furor Over US Data

    From bnnbloomberg.ca|Aug 6, 2022

    The world’s most closely watched energy data from the US government is sparking an unusual amount of confusion and even skepticism in some corners. The Energy Information ...

    Week Ahead - Fear returns ahead of inflation data

    From marketpulse.com|Aug 6, 2022

    Can the Fed afford to ease off the brake? The end of last week was a bit of a reality check for investors that were maybe getting a little carried away with the supposed “dovish ...

    Dry Weather To Impact Europe’s Power Generation Through September

    From oilprice.com|Aug 6, 2022

    The hot and dry weather in Germany will continue through September, according to weather forecasts, which could constrain power generation in the country and nuclear power supply ...

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  • Posted: Aug 6, 2022 5:01am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 53
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