South Korea imported 1.448 million mt, or 10.61 million barrels, of US crude in March, up 22.1% from February and the highest monthly shipment since 14.83 million barrels imported in April 2020, latest data released by the Korea Customs Service showed.

U.S. commercial crude oil inventories increased by 0.6 million barrels from the previous week to 493.0 million barrels,

Baker Hughes Company Announces First Quarter 2021 Results

First quarter revenue of US$964 million was stronger despite the contractual 3-month lag in oil-linked LNG prices and lower overall sales volumes

Brent declined 95 cents, or 1.4%, to $65.62 a barrel. WTI fell 93 cents, or 1.4%, to $61.74 a barrel.

India's crude imports fell 10.3% year on year to 201.5 million mt in 2020, or 4 million b/d, data from the Petroleum Planning and Analysis Cell showed, as oil products demand in 2020 posted negative growth for the first time in nearly two decades.

Preliminary production figures for March 2021 show an average daily production of 2 094 000 barrels of oil, NGL and condensate.

Brent was up 64 cents, or 1%, at $67.69 a barrel. WTI gained 60 cents, or 1%, to $63.98.

The kingdom exported 5.63 million b/d in February, according to JODI data released April 19, down 957,000 b/d from January.

Brent was down 2 cents at $66.75 a barrel. WTI was up 1 cent at $63.14 a barrel.

На сегодняшний день наиболее экономически выгодным является производство водорода из ископаемого сырья. По данным МЭА, в структуре мирового производства чистого водорода 75 % приходится на природный газ, 23 % – на уголь.

Russian oil imports as a share of US total oil imports hit a record high of 8% in January 2021, according to data from the US Energy Information Administration, up from 4% during 2018.

China's oil product exports are expected to rise by 31.7% year on year to around 54.7 million mt in 2021,

The integration of a significant share of variable renewable energy sources into power grids requires a substantial transformation of the existing networks

U.S. Rig Count is up 7 from last week at 439, Canada Rig Count is down 2 from last week to 56