Dangote Laments IOCs Selling Nigerian Crude Via Third Partie
Dangote Petroleum Refinery and Petrochemicals has said International Oil Companies operating in Nigeria still sell crude meant for…
Brent Futures Flip to Backwardation as Middle East Supply Risks Return
The Brent Crude futures curve flipped into backwardation this week, signaling expectations of tight prompt supply for the…
Oil Prices Rally on Renewed Hormuz Supply Risks
August WTI crude oil traded higher during the week ending July 10, with prices last at $71.84 through…
Oil prices fall as US-Iran dialogue hopes ease supply concerns
By Anmol Choubey BENGALURU, April 14 (Reuters) – Oil prices fell in early Asian trade on Tuesday as…
Sinopec Slashes Refining Runs as Hormuz Disruption Squeezes Crude Supply
Sinopec, China’s biggest oil refiner, has reduced its run rates by 10%, Bloomberg reported today, citing unnamed sources,…
Hungary’s MOL Signs Broad Energy Cooperation Pact With Libya’s NOC
Hungary’s MOL Group has signed a new strategic partnership with Libya’s National Oil Corporation (NOC), marking a fresh…
Oil prices jump after Trump imposes tariffs on Canada, Mexico, China
SINGAPORE (Reuters) – Oil prices jumped at the market open on Monday after U.S. President Donald Trump imposes…