The Nigerian National Petroleum Company Limited may continue servicing its crude-for-loan obligations till 2029 as the demand for oil by domestic refineries increases. NNPCL’s debt burden ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Weaker oil demand growth in key consuming regions and reshuffled trade ...
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 ...
Nigeria has solidified its position as a premier oil producer, supplying its crude to several countries globally. The country's crude oil, renowned for its exceptional quality and strategic ...
The US Dollar Index trades below 107.00 and fails to hold onto gains. Crude Oil is making its way back above $70.00 this Friday in the US trading session with markets reluctant to dive into the ...
Crude Oil is bouncing off vital support around $70.00 and heads back to $71.00, after earlier selling pressure emerged on the back of Chinese Retail Sales data for November which dampened hopes ...
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 ...
2-Year U.S. Treasury Note Continuous Contract $102.781 0.000 0.00% 5-Year U.S. Treasury Note Continuous Contract $106.086 0.008 0.01% 10-Year U.S. Treasury Note Continuous Contract $108.234 0.016 ...
LAUNCESTON, Australia, Dec 16 (Reuters) - China's crude oil imports in November hit a 14-month high, but much of the additional volume is likely to have ended up in storage as refinery processing ...
Later, crude oil prices would drop below zero, an unprecedented calamity representing a gutting of demand. It's one reason learning about the best crude oil stocks is so important. Fortunately ...
Oil edged lower in early European trade, but broader concerns of an oversupplied market this year and uncertainties over Chinese growth limit the upside.
Crude oil lower; labor market data points to slowing economy By Investing.com - Jul 07, 2023 2 Investing.com -- Crude oil prices weakened Friday after softer-than-expected U.S. employment data ...