News

Oil News: OPEC Output Surge Clouds U.S. Crude Oil Outlook Amid Export Declines
OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...
The Express Tribune5h
Oil climbs over $1 on US-China talks
Brent crude rose more than $1 a barrel on Friday morning and oil prices were on track for their first weekly gain in three ...
OilPrice.com18h
Africa’s Biggest Refinery Boosts U.S. Crude Oil Purchases
Nigeria’s Dangote Refinery is importing rising volumes of U.S. WTI crude as domestic supply struggles and American grades ...
U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Oil settles 1% lower after US data shows large builds in fuel stocks
Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and diesel ...
Oil Slips on Rising OPEC+ Output, Despite Canadian Supply Concerns
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
Iran Oil Flows to China Fall on Sanctions, Refinery Maintenance
Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...
Legit.ng on MSN10h
Dangote Refinery Imports More Crude Oil From US, Gives Reasons
Dangote Petroluem Refinery has looked to the United States for crude oil as its processing level increases while Nigeria ...
Trump’s tariff and energy policies threaten US oil value as OPEC increases supply
U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.