Turkey’s Tupras reports fire at Izmit refinery

Turkish Petroleum Refineries Corp. (Tupras) is investigating a fire that broke out on Apr. 17 at its 11 million tonne/year Izmit refinery in Turkey’s northwestern province of Kocaeli. Source: News


MARKET WATCH: Front-month oil futures prices drop below $40/bbl

Crude oil prices on the New York and London markets were volatile in Apr. 18 trading, settling modestly lower on the first day of trading after a meeting of major producers in Qatar failed to result in any agreement on a production freeze that was proposed in February. Source: News