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The US House of Representatives passed a bill on Sept. 6 authorizing small-scale exports of LNG by 260 to 146 votes. Thirty-seven Democrats joined 223 Republicans in casting aye ballots. Three Republicans and 143 Democrats opposed the measure, which moved immediately to the US Senate for consideration by the Energy and Natural Resources Committee.

Nigerian National Petroleum Corp. said it will establish two condensate refineries with a combined refining capacity of 200,000 b/d at Western Forcados Area and Assah North Ohaji South (ANOH) Areas of Delta and Imo States, Nigera, respectively.

Light, sweet crude oil prices for November delivery fell by less than a dime on the London market Sept. 17 to hold above $68/bbl while Brent crude oil prices on the London market also fell slightly, settling above $78/bbl.

In its latest Global Fuels Outlook, ESAI Energy projects global demand for transportation fuels to rise by more than 1 million b/d in 2019 after increasing by just 800,000 b/d in 2018. This acceleration will be driven by a recovery in gasoline and diesel demand growth.

The light, sweet crude oil prices for October gained nearly $1 on the New York market Sept. 18 to settle at $69.85/bbl while the Brent crude contract for November delivery also jumped nearly $1 in London to settle just above $79/bbl.


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