U.S. OIL PRICES UP
According to EIA:
Monthly average crude oil prices for April rose in all categories of sale. The average domestic crude oil first purchase price increased $3.72 (11.7%), to $35.59 per barrel.
The average free-on-board (f.o.b.) cost of imported crude oil rose $3.48 (11.7%) to $33.14 per barrel. The average landed cost of foreign crude oil increased $3.44 (10.9%), to $34.94 per barrel.
The average refiner acquisition cost for domestic crude oil climbed $4.03 (11.4%), to $39.34 per barrel. The average cost of imported crude oil rose $3.69 (11.5%), to $35.90 per barrel. The composite refiner acquisition cost for crude oil increased $3.91 (11.6%), to $37.73 per barrel.
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BLOOMBERG - While Europe as a whole gets more than a third of its gas from Russia, that share is lower in the U.K., which receives the bulk of its fuel from North Sea fields and Norway. Still, Moscow-based Gazprom PJSC was the second-biggest supplier to major industrial consumers in the U.K. last year, according to Britain’s energy regulator Ofgem.
FT - of the six LNG tankers that have made deliveries into the UK so far in 2018 three have carried cargoes originally from Russia, leading to questions about whether Moscow was gaining a foothold in the UK gas market after starting up the Yamal LNG facility in Siberia late last year.
REUTERS - So far this year, two Yamal cargoes unloaded at British terminals for domestic consumption, accounting for about a third of Britain’s 2018 LNG imports after typical supplier Qatar pre-sold the bulk of its winter output to Asia last year.
REUTERS - U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $60.77 a barrel at 0753 GMT, up 6 cents, or 0.1 percent, from their previous settlement. Brent crude futures LCOc1 were at $64.62 per barrel, down just 2 cents from their last close.