Light, sweet crude prices for June delivery dropped $1 on the New York market Apr. 21 to settle above $43/bbl, down from the session’s intraday high of $44.49/bbl during a volatile trading day, which traders attributed to economic-related comments and statistics by European and US officials. Source: News

Total US petroleum deliveries, a measure of demand, gained 0.4% in March from the same period last year to average 19.3 million b/d, the American Petroleum Institute said. These were the highest March deliveries since 2008. Source: News

China Petroleum & Chemical Corp. (Sinopec) has commissioned its Guangxi LNG regasification terminal at Beihai City in China’s province of Guangxi. Source: News

US Senate passage of a broad bipartisan energy with language to expedite federal approvals of LNG export projects was a significant step, an American Petroleum Institute official said. But states also need to help remove politics from what should be a straightforward process for gas pipelines as well as LNG export installations, API Executive Vice-Pres. […]

Kinder Morgan Inc. has cancelled both its Northeast Energy Direct (NED) natural gas and Palmetto liquids pipeline projects, citing insufficient contractual commitments for the former and unfavorable action by the Georgia legislature regarding eminent domain for the latter. Source: News