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THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel on January 15th, fuelling fears over achievement of the Federal Government’s ...
The same agency, however, reported that global visible inventories fell by about 14 million barrels between end-February and end-December 2024, suggesting a deficit of around 0.24mbpd in ...
According to the data published by the NUPRC, Nigeria’s crude oil production stood at 1.737 million barrels per day in January 2025. This represents an increase from the 1.667 million barrels ...
It capped its transformation off last year by acquiring Marathon Oil in a $22.5 billion deal. That purchase added over 2 billion barrels of oil and gas resources with an average cost of supply ...
Distillate fuel inventories decreased by 2.8 million barrels last week and were about 6 per cent below the five-year average for this time of year. However, the US commercial crude oil inventories ...
China’s authorities have certified 1.3 billion barrels of new reserves at Sinopec ... controlled giant said on Monday. The new shale oil reserves have been found at the Xinxing field in ...
Law enforcement in West Texas say they don’t have enough manpower to deal with the rise in oil thefts in their communities.
The world’s supply lines for cargoes of oil and fuel, which typically criss-cross the globe, are about to get redrawn thanks to US President Donald Trump’s sweeping tariffs. Crude from Mexico ...
2-Year U.S. Treasury Note Continuous Contract $103.395 0.004 0.00% 5-Year U.S. Treasury Note Continuous Contract $107.648-0.039-0.04% 10-Year U.S. Treasury Note Continuous Contract $110.406-0.156 ...
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