1. Guyana Takes Over European Oil Markets - Guyanese crude exports to Europe hit an all-time high in February, moving to 432,000 b/d, as the continent’s buyers mopped up additional barrels coming from the recently launched Payara Gold stream. - With the increasing flow of Guyanese cargoes, Europe’s own medium sour grade Johan Sverdrup, the largest producing field across the continent, has seen an unprecedented decline in its prices.
- Sverdrup differentials soared to multi-dollar premiums at the end of last year as Red Sea disruptions…Iran's Oil Production Rises Despite Sanctions
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