U.S. Oil Inventories Plummet, Boosting Oil Prices Amid Interest Rate Worries
Brent crude oil pulled back in the early hours of the day, shedding $1.36, or 1.8% to settle at $72.82 per barrel.
Emerging Markets to Offset Recession Risk, but Malaysian State Oil Firm Reports Slowdown in Demand and Growing Refinery Capacity Pressures Market
Over the past three decades, Angola has established itself as the premier destination for large-scale oil and gas investment.
Brent crude oil slipped 10 cents, or 0.13%, to $75.80 a barrel while the U.S. West Texas Intermediate (WTI) crude edged lower by 8 cents, or...
Questions over China's Economy Overshadow OPEC+ Cuts and Declining US Rigs, Impacting Oil Markets
South Sudan's Bentiu Refinery could export refined petroleum products to the East African region by August of this year
Oil prices declined on Friday as uncertainty surrounding global growth overshadowed expectations of a tighter market in the second half of the year. Some of the...
Shell Petroleum Development Company (SPDC) has reportedly made the decision to increase its oil and gas production in Nigeria in the coming months.
The Trans-Niger Pipeline (TNP) has achieved an extraordinary feat by reporting flawless crude oil production throughout the entire month of May.
