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Top News In Cru Osp Today - Breaking & Trending Today

Morning Bid: Retail, housing and banks test jaunty July

A look at the day ahead in markets from Mike Dolan ....

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Japan to establish LNG reserves this year; IEA may play bigger role

Japan will establish a liquefied natural gas (LNG) reserve system this year to secure gas resources for "unexpected situations", industry minister Yasutoshi Nishimura said on Tuesday. ....

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World's top LNG players push for more, but greener, gas investments

Current investments in gas infrastructure are falling short of what is needed, officials at an industry conference in Japan said on Wednesday, citing the role they say the fuel has to play in both global energy security and the transition to net zero. ....

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Oil slips after Libya resumes output, China data eyed

Oil prices dipped for a second session on Monday after Libya resumed production over the weekend while China, the world's largest crude importer, is expected to release economic data showing that its post-pandemic recovery is fizzling out. ....

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Small U.S. refiners plan to challenge biofuel blending waiver denials

A group of refiners plan to file a lawsuit challenging the Biden administration's rejection of waivers to exempt oil refiners from biofuel blending mandates which has left some on the hook for hundreds of millions of dollars, Par Pacific told Reuters on Monday. ....

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