Saturday, July 18, 2026
Shell, other oil companies seek less Saudi crude in April due to weaker demand -sources- oil and gas 360

Shell, other oil companies seek less Saudi crude in April due to weaker demand -sources

Reuters Several European and Nordic oil refiners are taking less crude from Saudi Arabia in April, industry sources said, suggesting a lack of demand for the extra supplies the country has offered as it seeks to boost market share. The world’s top oil exporter is planning to boost exports sharply after a three-year supply-cut deal between the Organization of the

U.S. calls on Saudis to halt plan to unleash record oil supply- oil and gas 360

U.S. calls on Saudis to halt plan to unleash record oil supply

Houston Chronicle The Trump administration is pressing Saudi Arabia to dial back its plan to flood the oil market after a price war with Russia sent crude prices crashing to their lowest levels in almost two decades. While its status as the world’s biggest producer means the U.S. is sheltered in part from the collapse, the administration wants Saudi Arabia