Oil news and market movers: Monthly OPEC report headline risk

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  • Exxon had to halt its 188,000 barrels per day production at its facility in Gravenchon, France. The refinery had a fire on Monday, which forced the site to stop all its activities.
  • Russia has reported more drone attacks out of Ukraine on key refinery installations and storage facilities on Russian soil. 
  • OPEC will release on Tuesday its monthly Oil Outlook report. No timing is available on when the report will be released.
  • At 20:30 GMT, the US American Petroleum Institute (API) will release its weekly Crude Oil stock datafor the week of March 8. Previous number was a small build of 423,000 barrels. 


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