One person has been killed and six others injured after an explosion at a petroleum storage facility at the Port of Rotterdam, prompting an investigation into the cause.
U.S. President Donald Trump criticised major oil companies, including Chevron and Exxon Mobil, on Monday for earning what he described as excessive profits as renewed tensions with Iran pushed global energy prices higher.
Shares of major U.S. oil and energy companies surged on Monday even as crude prices showed little movement, revealing a growing divergence between energy equities and the underlying commodities market.
Oil transportation from Kazakhstan to global markets through the Tengiz–Novorossiysk pipeline has been reduced on Monday as a drone strike hit a pumping station in southern Russia.
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