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VERY HIGH Source: covid.gov.pk
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Colonial Pipeline

Europe Gasoline/Naphtha-Gasoline margins start week at just under $8/bbl
Markets

Europe Gasoline/Naphtha-Gasoline margins start week at just under $8/bbl

  • Gasoline shortages that have plagued the US East Coast slowly eased on Sunday, with 1,000 more stations receiving supplies as the country's largest fuel pipeline network recovered from a crippling cyberattack.
  • There was no long list of buyers of European cargoes, neither from the United States nor Europe, according to a market participant on Monday.
Published 17 May, 2021 08:54pm
Fuel shortages worsen on sixth day of top US fuel pipeline outage
Markets

Fuel shortages worsen on sixth day of top US fuel pipeline outage

  • A ransomware attack on the Colonial Pipeline last week halted 2.5 million barrels per day of fuel shipments in the most disruptive cyberattack on US energy infrastructure. The pipeline stretches 5,500 miles (8,850 km) from US Gulf Coast oil refineries to consumers in Mid-Atlantic and Southeast states.
Published 12 May, 2021 06:51pm