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2 weeks ago | 
bloomberg.com | Jack Wittels |Prejula Prem
The Dangote Industries oil refinery in Lagos. Photographer: Benson Ibeabuchi/Bloomberg(Bloomberg) -- A large fuel-production unit at Nigeria’s Dangote oil refinery is undergoing maintenance, according to a person familiar with the matter. A Dangote spokesman denied that the unit, a so-called residue fluid catalytic cracker, was under maintenance. He said the plant was loading fuel onto trucks daily, including at least 21 million liters on Friday. Truck shipments feed Nigeria’s domestic market.
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2 weeks ago | 
bloomberg.com | Prejula Prem
Oil storage tanks at a refinery in Tuapse, Russia. (Bloomberg) -- Russian oil product exports edged higher this month as a boost in naphtha sales helped offset a decline in diesel flows. Refined fuel exports climbed to 2.24 million barrels a day through April 20, according to data compiled by Bloomberg from analytics firm Vortexa Ltd. That’s largely unchanged from March volumes, but is about 13% higher than a year ago.
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4 weeks ago | 
bloomberg.com | Prejula Prem
(Bloomberg) -- European gasoline shipments to the Americas, mainly the US, jumped this month, consistent with seasonal trend and a moderate improvement in market sentiment after the initial chaos brought about by US tariffs. Transatlantic gasoline flows from the European Union and the UK surged to about 485,000 barrels a day in the first 15 days of April, according to Kpler data.
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1 month ago | 
gcaptain.com | Prejula Prem
By Prejula Prem Mar 21, 2025 (Bloomberg) –A pause in Houthi attacks on commercial shipping has seen fuel traders import more cargoes into Europe via Egypt’s Suez Canal. It remains to be seen whether a renewed tensions between the militants and the US will allow the increased flows to continue. Swaths of the shipping industry, including most fuel-tanker owners, started to avoid the short cut between Asia and Europe early last year when the Houthis began targeting vessels.
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1 month ago | 
bloomberg.com | Prejula Prem
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
bloomberglinea.com.br | Jack Wittels |Lucia Kassai |Prejula Prem
Bloomberg — A Turquia está mostrando sinais de diversificação de seus suprimentos de petróleo bruto - incluindo a importação de petróleo brasileiro - depois que seu maior refinador passou a restringir as compras de barris russos na esteira das amplas sanções dos EUA. Dos cerca de 650.000 barris por dia de petróleo bruto que a Turquia importou até agora neste mês, apenas 19% são da Rússia, de acordo com dados compilados pela Bloomberg da empresa de análise Vortexa.
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1 month ago | 
financialpost.com | Jack Wittels |Lucia Kassai |Prejula Prem
Turkey is showing signs of diversifying its crude supplies — including importing Brazilian oil — after its largest refiner moved to restrict purchases of Russian barrels in the wake of sweeping US sanctions. (Bloomberg) — Turkey is showing signs of diversifying its crude supplies — including importing Brazilian oil — after its largest refiner moved to restrict purchases of Russian barrels in the wake of sweeping US sanctions.
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1 month ago | 
bloomberg.com | Jack Wittels |Lucia Kassai |Prejula Prem
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
bloomberg.com | Jack Wittels |Prejula Prem
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
flipboard.com | Jack Wittels |Prejula Prem
NowTrump issues threat of sanctions, tariffs on RussiaIn a post on Truth Social, Trump put pressure on the country that so far has faced little public pushback from his administration. President Donald Trump said he is “strongly considering” issuing large-scale sanctions and tariffs on Russia to get a ceasefire and settlement deal on the table to end …5 hours agoFarmers strongly back Trump.
