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Downstream news

 
 

AFPM statement on Keystone XL Pipeline

The AFPM has released a statement addressing President Biden’s intention to rescind the permit for the Keystone XL pipeline.

 

API congratulates President Biden

API has issued a statement confirming that it stands ready to work with President Joe Biden and his administration.

 
 

IEA revises downwards 2021 oil demand

The IEA has revised down its forecast for global oil demand by 0.6 million bpd for 1Q21 and 0.3 million bpd for 2021 as a whole.