The NNPCL generated N336.37bn from crude oil sales in the first quarter of 2025, with Dangote Petroleum Refinery accounting ...

Xu Tianchen of the Economist Intelligence Unit noted that China has ... signs of demand recovery or coordinated supply discipline. Until then, the oil market remains under pressure, caught between ...

This is the largest LNG supply agreement to be signed between the UAE and a Chinese partner and was completed during the ...

Global oil supply is set to rise by 1.2 million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday ...

Iraq’s crude and oil product exports fell by 110,000 barrels per day (bpd) from a year earlier to 3.7 million bpd in the first quarter of 2025, per data from Energy Research Unit cited by Shafaq ...

Aside from the physical groundwork of gathering and processing oil, market regulations are the true price-determinants of crude oil spot prices. Crude oil market regulations control supply and ...

Trump's tariffs, along with a supply hike by OPEC+ producers, have driven a steep slide in oil prices this month, cutting revenue for producers. The U.S. oil industry, despite calls by Trump to ...

“There is plenty of supply around,” said Hardy on oil availability for 2025 and in the medium term. He commented that despite some “threats” to potential supply, he sees that “by and ...

The Ceylon Electricity Board (CEB) strongly emphasised that despite the reduction in electricity generated from rooftop solar units due to low demand during the recent festive season, efforts were ...

selling into the resulting rally in oil producer stocks. In January of this year, the EIA predicted that a slight global liquid fuels supply/demand shortfall in the current quarter would give way ...

1546 GMT – Oil prices extend gains in afternoon trade, buoyed by U.S. stockpile draws and U.S. pressure on Iran and Venezuela. Brent crude is up 1.2% to $73.27 a barrel, while WTI rises 1.4% to ...