Crude oil

Crude Oil
Rising Crude Oil Prices Great Opportunity for Nigeria
President Muhammadu Buhari says rising crude oil prices present a great opportunity for Nigeria, especially with the passage of the Petroleum Industry Act (PIA)…
Oil Price
Can African Oil Producers Take Advantage of Increasing Oil Prices?
Russia's invasion of Ukraine has pushed the price of oil to over $100 per barrel. But, it's also opened an opportunity for African oil producers like Nigeria, A…
Crude Oil
White House Vows to Avoid Future Sanctions on Russian Crude Oil
The Biden administration won’t sanction Russian crude oil because that would harm U.S. consumers and not Vladimir Putin, a U.S. State Department official said …
Crude Oil
Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise
Crude oil jumped while the rouble plunged nearly 30% to a fresh record low on Monday after Western nations imposed new sanctions on Russia for its invasion of U…
Crude Oil
India may Draw on Oil Reserves to Soften Prices as Ukraine's Invasion Disrupts Global Supplies
India may tap its emergency oil stockpile to cool off prices that have surged on concerns that Russia's invasion of Ukraine will disrupt global supplies.
Crude Oil
After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’
Following Shell’s recent oil discovery in Namibia, French oil major TotalEnergies has also made a significant discovery of light oil with associated gas on the…
Crude Oil
Russian Crude Trades at Record Low Versus Brent on Sanctions Fears
Russian Urals crude oil differentials in Northwest Europe have slumped to record lows this week as threats of further sanctions and potential credit issues kept…
Oil Price
Oil Hovering Around $100 may Give a Crude Shock to Inflation, CAD, GDP
Brent crude oil crossed $100 a barrel on Thursday for the first time since 2014 prompted by the Russia-Ukraine conflict.
Natural Gas
Why Europe Is So Dependent on Russia for Natural Gas
Europeans have been suffering under painfully high energy prices in the lead-up to Russia launching an attack on Ukraine on Thursday morning.
Oil Price
Oil Tops $105/bbl After Russia Attacks Ukraine
Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014 before easing, after Russia's attack on Ukraine exacerbated c…
Crude Oil
Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil
Sinochem, China’s fourth-largest state-controlled oil company, has carried out the country’s first digital warehouse receipt pledge for crude oil, using 66 Cl…
Crude Oil
Norway’s January Oil Output Sinks Below Predictions
Norway’s oil production in January 2022 fell behind the Norwegian Petroleum Directorate’s predictions by 2.3 per cent, while the gas output also experienced a…
Crude Oil
India Expects Fuel Demand to Grow 5.5% in the Next Fiscal Year
India's fuel demand is likely to grow 5.5% in the next fiscal year beginning April 1, initial government estimates show, reflecting a pick-up in industrial acti…
Crude Oil
Factbox: Asian buyers of Russian oil, gas and coal
As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade sanctions may have implications for Asian c…
Crude Oil
Oil Rises and Natural Gas Surges 8% as Russia Orders Troops to Ukraine
Energy prices, notably natural gas and crude, climbed sharply, amid the threat of a full-scale invasion of Ukraine by Russia.

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Crude oil

Rising Crude Oil Prices Great Opportunity for Nigeria

Can African Oil Producers Take Advantage of Increasing Oil Prices?

White House Vows to Avoid Future Sanctions on Russian Crude Oil

Crude Rallies, Rouble Plunges to Record Low as Ukraine Risks Rise

India may Draw on Oil Reserves to Soften Prices as Ukraine's Invasion Disrupts Global Supplies

After Shell, TotalEnergies Also Strikes Oil in Namibia Well with ‘Very Promising Results’

Russian Crude Trades at Record Low Versus Brent on Sanctions Fears

Oil Hovering Around $100 may Give a Crude Shock to Inflation, CAD, GDP

Why Europe Is So Dependent on Russia for Natural Gas

Oil Tops $105/bbl After Russia Attacks Ukraine

Sinochem Completes China’s First Blockchain Warehouse Receipt Pledge for Crude Oil

Norway’s January Oil Output Sinks Below Predictions

India Expects Fuel Demand to Grow 5.5% in the Next Fiscal Year

Factbox: Asian buyers of Russian oil, gas and coal

Oil Rises and Natural Gas Surges 8% as Russia Orders Troops to Ukraine