13 April 2026
13 April 2026
By 08:10 GMT, Brent crude had risen by $7.03 to $102.23/bbl and WTI had increased by $7.31 to $103.88/bbl.
The energy facilities and pipeline have regained their operational capacity after recent attacks during the US-Israel conflict with Iran.
Broader attacks on energy facilities have reportedly reduced Saudi Arabia’s oil production capacity by around 600,000bpd.
The Sépia 2 project is part of Brazil’s pre-salt expansion, a central focus for offshore investment.
The project includes 18 liquefaction trains arranged into nine blocks, with the capacity to process 626,000tpa.
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