An explosion occurred at an oil refinery in the Republic of South Africa

The refinery was stopped on March 27, 2020, because of a drop in fuel demand and quarantine restrictions due to COVID-19.

Ukrtransnafta exposed two oil theft schemes

Since the beginning of the year, the division's employees have identified and eliminated 26 tie-ins in oil and condensate pipelines.

Oil prices continue to decline

The market is under pressure from the deteriorating prospects for the global economic recovery.

Brent crude is trading below $42 per barrel

Oil prices continue to decline.

Force majeure regime lifted at fields and ports of Libya

The emergency mode will remain where the presence of any armed formations is confirmed.

Brent crude is trading above $43 per barrel

Fears for a recovery in demand continue to put pressure on market participants.