Shariq Khan

The U.S. Treasury Department on Thursday imposed sanctions on 2 entities and 3 Mexican nationals it said are involved in a drug trafficking and oil smuggling network linked to the Cartel Jalisco Nueva Generacion gang. #OOTT https://t.co/aeN8Orf8vI

RT @staunovo: Petroecuador declares emergency at #Ecuador's largest refinery after quake #oott https://t.co/m9UOy1vFfY

Saudi Arabian officials are briefing allies and industry experts to say the kingdom is unwilling to prop up the oil market with further supply cuts and can handle a prolonged period of low prices, five sources with knowledge of the talks said. #OOTT https://t.co/gyPc8G3YHk.

US gasoline stocks down 4 million barrels in the past week with demand still above 9 million bpd. Motor fuel stocks have fallen for 9 consecutive weeks now, longest such streak since the summer of 2022. #OOTT

Refiner Valero's #Mexico fuel import license reinstated after customs found the refiner in full compliance of import reporting & tax obligations, $VLO COO Gary Simmons said. Suspension earlier in April caused significant supply disruptions, he said. More @Reuters #OOTT

US oil refiners' Q1 profits likely fell despite stronger margins, @ByNicoleJao reports #OOTT https://t.co/3zPhFKJndP

US gas producer EQT struck a deal to acquire Blackstone-backed Olympus Energy for $1.8 billion in cash+stock, expanding its footprint in Pennsylvania's Marcellus shale play, @TanayDhumal reports. #OOTT $EQT https://t.co/rpXdRQKvgl

Moises Schmidt is setting up the world's largest #cocoa farm in Brazil, hoping to revolutionize production of chocolate's main ingredient. Our cocoa king @tx_marcelo has the details. https://t.co/Ah0cIGCvZk

Sino-US trade war redrawing global LPG trading, outlook #OOTT https://t.co/uI6Eb7cE6V

The Mexican government has halted U.S. fuel imports sent into the country by road, as it cracks down on illegal deals, three sources familiar with the matter said on Tuesday. Railways and waterborne shipments have not been impacted, they said. #OOTT https://t.co/tgipUJUX7x

U.S. oil output will peak at 14 million bpd in 2027 and maintain that level through the end of the decade, before rapidly declining, the EIA said. The post-pandemic demand recovery will end next year without surpassing 2019 levels, EIA said. #OOTT https://t.co/owYdXwxYQI

Keystone pipeline is targeting restart by April 15, South Bow says. Will need approval from PHMSA to restart. Pipeline has been shut since April 8 after oil spill in North Dakota. Corrective action order issued to South Bow on Friday. More @Reuters #OOTT #Keystone

Corrective action order issued to South Bow after oil spill from Keystone pipeline in North Dakota. $SOBO will need written approval from PHMSA to restart. On approval, Keystone’s flow will be capped till further notice. More @Reuters by @ItssDevika #OOTT https://t.co/F7TTKuMI5p

Tariffs are clouding the global economic outlook and could weigh heavily on oil prices in the months ahead, the U.S. EIA said on Thursday as it lowered its oil demand forecasts through 2026. #OOTT https://t.co/9UT5PaerVd