US-Iran War: NNPC Hikes Nigerian Oil Prices by $7/Barrel
The Nigerian National Petroleum Company Limited has raised the official selling prices of all 37 Nigerian crude grades…
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
The decision was shocking. But the announcement April 28 that the UAE was leaving OPEC caps years of…
Is the U.S. headed for a repeat of the 1973 oil crisis?
The current situation in the Middle East — a major war involving the U.S., Israel, and Israel’s enemies,…
China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration…
Venezuelan oil industry: world’s largest reserves, decaying infrastructure
Jan 3 (Reuters) – Following are key facts about the oil industry of Venezuela, whose President Nicolas Maduro…
Should Opec worry? China joins US shale oil revolution with deep fracking breakthrough
China’s recent breakthroughs in fracking technology have the potential to usher in a new shale revolution that could…
New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says
Item 1 of 2 Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman attends a session of the St.…
Investors risk being hoodwinked by grim energy transition vibes
Investment in low-carbon energy to reach $2.2 trillion this year Global renewable power capacity is forecast to double…
More oil demand expected in 2026 thanks to data centres, UAE minister says
Item 1 of 2 UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO…
OPEC+ to Pause Output Hikes Next Year as Market Set for Glut
(Bloomberg) — OPEC+ will pause output increases during the first quarter — after making another modest hike next…
Trump’s ‘peace tour’ piles pressure on Tullow Oil as $1.3bn refinancing looms – The Irish Times
US president Donald Trump and the red caps may not have won over Oslo with their unseemly lobbying…