News

The double whammy of a tariff-induced global economic slowdown and gradually increasing OPEC+ supply will continue to ...
U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the recent drop in global crude oil prices has sparked hopes of a corresponding reduction in petrol prices in ...
Global Resin Market is valued at approximately USD 556 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2024-2032. Resin, a highly viscous ...
Resin, a highly viscous or solid substance ... However, the market faces challenges such as the fluctuation of crude oil prices, which impacts the cost of petrochemical feedstock used in resin ...
US crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million barrels per day (bpd). Europe as well as the Asia and Oceania region remained the top ...
U.S. crude oil inventories rose for a second consecutive week amid an increase in net imports, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude ...
The price of WTI Crude oil is around $57.70, and Brent is at $60.69. Experts warn of further declines due to escalating trade tensions.(Photo: Bloomberg) Both benchmarks have tumbled over the five ...
A farmer told The Associated Press he could smell the scent of crude oil, carried by the wind. South Bow, a liquid pipelines business that manages the pipeline, estimated the spill's volume at ...
BISMARCK — A malfunction in the Keystone pipeline system caused an estimated 3,500 barrels, or about 147,000 gallons, of crude oil to spill into a field near Fort Ransom on Tuesday, April 8 ...
The EIA's weekly report on crude oil inventories is considered to be of high importance by market watchers and analysts. It provides valuable insights into the supply and demand dynamics of the ...
WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including Brent and Dubai Crude. WTI is also referred to as ...