Energy News 4/19/2018

China could  soon be opening its first refinery complex in the South America if it can strike a deal with Petrobras that will see it invest capital into Comperj refinery in exchange for crude oil.Link

 

Rapid increases in U.S. oil  supply  are forcing some traders and producers to try alternative ways of pricing crude. Link

 

Daniel Lacalle, chief economist at Tressis Gestion is calling for a sharp pull back in oil prices after the artificial  build  of oil prices from the past year. Link

Austin Kuettel