Dollar Strength and Dampened Trade Deal Optimism Undercut Crude Prices
Worker checking a jackpump at sunrise by zhengzaishuru via iStock September WTI crude oil (CLU25) on Friday closed…
Crude Oil Prices Fall on Concern Tariffs Will Slow Growth and Energy Demand
Floating oil rig in ocean by Keri Jackson via Pixabay August WTI crude oil (CLQ25) today is down…
Concerns of a Global Crude Oil Glut Undercut Prices
Two oil barrels on ground by Phototreat via iStock August WTI crude oil (CLQ25) on Friday closed down…
Crude Oil Prices Jump on Signs of a Tightening Supply Outlook
Stacked oil barrels by JONGHO SHIN via iStock August WTI crude oil (CLQ25) Thursday closed up +1.16 (+1.75%),…
Russia’s Oil Export Revenues Dip 14%
Russia’s export revenue from crude oil and petroleum products slumped by 14% in June compared to the same…
Crude Oil Settles Higher on US-China Trade Optimism
A sunset over a fuel tanker by Sebastian via Pixabay August WTI crude oil (CLQ25) Friday closed up…
Crude Oil Prices Climb on Positive Trade News
Oil tanker in open sea by StockStudio via Shutterstock August WTI crude oil (CLQ25) today is up +0.73…
Low-sulphur crude production declines again
The production of Utapate, Nigeria’s newly introduced low-sulphur crude oil grade, has declined for the third consecutive month.…
ExxonMobil seeks environmental permits for eighth oil and gas project in Guyana
ExxonMobil has applied for environmental permits for its eighth project, Longtail, in Guyana, its first venture to generate…
Stakeholders worry as Nigeria spends N18tn on crude production annually
Nigeria spends not less than N1.57tn on crude oil production monthly, translating to about N18tn annually, a development…
Crude production cost rises to $40/barrel – Report
Nigeria’s cost of producing crude oil has risen to about $40 per barrel, a report by the Nigerian…