It’s almost inexplicable why oil prices aren’t much higher. But here’s why markets are ‘resilient’
The war in Iran represents the biggest energy supply shock in history with the Strait of Hormuz choke…
What If War Continues 1 More Week? How Much Cost?
The ongoing conflict between Iran and the United States has started to create a huge global mess, and…
With oil prices soaring, can Venezuela’s vast supplies fill the gap?
On paper, Venezuela should be an oil-churning powerhouse. It sits atop an estimated 303 billion barrels, which translates…
Aramco Asks Asian Buyers for Dual Red Sea-Hormuz Oil Supply Plans
Saudi Arabia’s oil giant Aramco is requesting from Asian buyers to nominate crude loading plans for April for…
China Considers US Crude Imports Amid Middle East Crisis
Chinese state-run refiners are considering resuming crude imports from the United States after a nine-month suspension, driven by…
Energy markets offer ‘relatively small reaction’ to Iran; prices may spike if oil isn’t flowing soon
The U.S. and Israel attacked Iran, killing its supreme leader and launching a regional war as Iran and…
RMAFC Denies Final Decision on Disputed Oil Wells
The Revenue Mobilisation Allocation and Fiscal Commission has disowned reports that certain disputed crude oil and gas wells…
US negotiating with Chevron, other oil firms for fast Venezuelan oil output: Report
The United States is currently negotiating with Chevron, other oil producers, and leading service firms to implement a…
Nigeria’s oil imports from the US surge to 42m barrels
Nigeria sharply increased its crude oil purchases from the United States in 2025, importing a total of 42.13…
Oil set for weekly drop with focus on supply, US-China tensions
Oil headed for a third weekly decline as investors focused on oversupply and the fallout from renewed US-China…
Gold hits fresh record, European stock markets rise after Fed comments
ADVERTISEMENT European stocks rose on Wednesday morning after a string of strong corporate results a day earlier, while…
Nigeria’s crude oil production hits 1.8 mbpd, surpasses OPEC quota
Nigeria’s crude oil production surged to 1.8 million barrels per day, mbpd, in July 2025 to surpass the…