Uganda turns to Bahrain-based financier for $2bn to accelerate refining plans
Parliament has already approved the borrowing plan, positioning it as a non-traditional funding option at a time when…
US seizures of oil tankers condemned at Security Council
A boat sails in front of a crude oil tanker anchored on Lake Maracaibo near Maracaibo, Zulia state,…
Nigeria exports 33.2m barrels of crude to U.S. in eight years
Nigeria has consolidated its position as Africa’s foremost crude oil supplier to the United States, shipping 33.23 million…
Petroleum products worth Rs 7.84 billion imported in five months « Khabarhub
Mechi Customs Office in Jhapa/File photo JHAPA: In the first five months of the current fiscal year 2025/26,…
Oil: Private survey of inventory shows a headline crude oil build vs. draw expected
The oil folks seem to have packed it in for the year, this via a telegram channel: —…
Crude Oil prices set for worst year since 2020, but what is aiding the recent rebound?
Crude oil prices have rebounded after falling to their lowest levels since February 2021 amidst supply concerns and…
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Chinese “teapots” snap up Russian crude at deepest discounts of 2025
China’s state refiners, however, are still avoiding buying Russian crude on the spot market, putting pressure on ESPO…
Record Discounts Accelerate Chinese Teapot Purchases of Russia’s ESPO Crude
China’s independent refiners are accelerating purchases of Russia’s Far Eastern ESPO crude blend as Chinese refiners were issued…
Occidental Petroleum Stock Has Tanked – But It May Hike Its Dividend
Occidental Petroleum Corp_ billboard- by Poetra_ RH via Shutterstock Occidental Petroleum Corp (OXY) could hike its dividend in…
Crude prices rise with drama on the high seas
Courtesy of Pixabay By JOHN P. TRETBAREagle Media High seas tanker-takeovers prompt slightly higher crude prices. Over the…
Crude Oil Price Outlook – Oil Stalls Slightly in Early Tuesday Trading
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