Browsing: oil

Crude prices had previously surged nearly 3% due to ongoing tensions in the Middle East and an outage in Libya

The Dangote oil refinery and at least three government-run refineries are among local refineries that are expected to begin operations in 2024

A fifth of global supplies were sold and purchased using other currencies, according to analysts’ estimates

Proceeds from Russia’s oil and gas exports contributed about $100 billion (nine trillion rubles) to the state budget this year, close to revenue levels recorded in 2021, before the Ukraine conflict,

Exports to the bloc have plummeted following Western sanctions, Deputy Prime Minister Novak says

Equinor is reshaping its international portfolio, announcing a sale on Friday of all assets in Azerbaijan while deepening its commitment to Angola where it already produces oil from three blocks

Türkiye has become the largest importer of Russian energy in the Western Hemisphere after European countries halted most Russian oil and natural gas imports, Reuters reported this week.

RIYADH: Saudi Arabia’s crude exports increased to 6.3 million barrels per day in October, a rise of 543,000 bpd or…

Exports of light sweet crude have surged with increased deliveries by rail, data shows Russian oil companies have boosted exports…

November PMI posts a small rise but stays below the 50-mark Optimism and business confidence levels among Egyptian non-oil private…