The Warri Refining and Petrochemicals Company (WRPC), with a capacity of 125,000 barrels per day, which was announced to have ...

Six dead dolphins have washed ashore in the Krasnodar Region of Russia. According to the Shot channel, two more dead animals ...

HOUSTON (Reuters) -Oil prices settled higher on Wednesday after U.S. crude inventories fell and the U.S. Federal Reserve cut interest rates as expected, but gains were capped as the Fed signalled ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

That's down around 13% from a peak four-week average in October, when it shipped 3.46 million barrels of crude a day. The nation's oil exports have also declined compared to 2023. Moscow exported ...

The EIA’s December STEO forecasts that U.S. crude oil production will average 13.24 million barrels per day overall in 2024. Lower 48 states, excluding the GOM, will contribute 11.05 million ...

Last month, 206 out of the 369 vessels that exported Russian crude oil and oil products were shadow tankers, according to the Finland-based Centre for Research on Energy and Clean Air, a think-tank.

The combination of these factors has led to a significant decline in Russian oil exports. Russian crude oil exports by sea have dropped by 11% from a recent high in October, due to maintenance at ...

2-Year U.S. Treasury Note Continuous Contract $102.871-0.012-0.01% 5-Year U.S. Treasury Note Continuous Contract $106.844-0.016-0.01% 10-Year U.S. Treasury Note Continuous Contract $109.844-0.031 ...

In November, there was a 17% month-on-month increase in the discount on Russia's Urals grade crude oil to an average of USD 6.01 per barrel compared to Brent crude oil. The discount on the ESPO ...

Bode Sowomi, a gas consultant and Chairman of the Energy Transition Study Group of the Nigerian Gas Association, during an interview on Channels TV, explained that refining was a delicate process ...

New Delhi: India's import of Russian crude oil dropped in November to its lowest level since June 2022 but the Kremlin continues to be the biggest source of oil for India, according to a monthly ...