Oil set for weekly drop with focus on supply, US-China tensions
Oil headed for a third weekly decline as investors focused on oversupply and the fallout from renewed US-China…
Gold hits fresh record, European stock markets rise after Fed comments
ADVERTISEMENT European stocks rose on Wednesday morning after a string of strong corporate results a day earlier, while…
Oil edges higher with US-China trade tensions, demand in focus
Oil advanced after paring a slump in the week’s opening session, as investors weigh the fallout of renewed…
Ukraine knocks out 17% of Russia’s oil refining capacity, creating shortages and disrupting exports
Published on 26/08/2025 – 15:06 GMT+2 ADVERTISEMENT Ukraine has significantly intensified its attacks against Russia’s energy sector over…
Crude Prices Pressured on Hopes of an End to the Russian-Ukrainian War
September WTI crude oil (CLU25) today is down -0.09 (-0.14%), and September RBOB gasoline (RBU25) is down -0.172…
Russia economy meltdown as 3rd largest crude customer to stop buying oil | World | News
Indian state refiners have stopped purchasing Russian oil after a stern warning from US President Donald Trump. India,…
What could biggest oil discovery in Poland’s history mean for Europe’s energy mix?
ADVERTISEMENT Central European Petroleum (CEP) has announced the largest ever oil discovery in Poland’s history near Wolin Island.…
Australian government places sanctions on 60 vessels in Russia’s shadow fleet of oil tankers
The Australian government has imposed sanctions on 60 vessels in Russia’s shadow fleet of oil tankers for the…
Nigeria Imports N1.2tn Crude Oil Amidst Production Slump
Despite being Africa’s largest crude oil producer, Nigeria imported crude oil worth N1.19tn in the first quarter of…
Nigeria Crude Oil Exports: N12.96tn in Q1 2025
Oil producers exported crude oil and other petroleum products worth N12.96tn in the first quarter of 2025, even…