International

US crude oil imports averaged 7.1 million b d. down from the previous week.

Saudi Arabia'.s voluntary limit under the December cuts deal with Russia and other producers was 10.33 million barrels a day.

The new measures have the potential to affect the pattern of petroleum shipping in the Caribbean and beyond.

The discovery in Glengorm follows Total Energy’s success at the Glendronach field in the North Sea.

The Kremlin has warned against negative repercussions should third countries intervene in Venezuela’s affairs.

Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.

U.S. President Donald Trump recognized Guaido as president of the country.

Aramco is considering a major acquisition in the global gas industry. with potential targets in the US. Russia and Australia.

Some energy industry officials are pressuring the Trump administration to hold off.

The US became a net exporter of natural gas on an annual basis in 2017.