Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...
On Tuesday, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) rose ...
Reuters on MSN13h
Oil slips towards 2-week low on gloomy demand outlook"All these developments keep the risks surrounding oil prices tilted to the downside, suggesting that WTI crude oil may ...
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
Crude has alternated between weekly gains and losses since mid-October, with traders weighing tensions in the Middle East, OPEC+ supply policy, and risks to demand growth, especially in China.
The Energy Department announced the end of replenishing the nation's strategic oil reserves, which were depleted by nearly ...
Investopedia on MSN2d
Understanding the Correlation Between Oil and CurrencyBy the end of 2020, Venezuela had the largest proved crude oil reserves of over 303 billion barrels. At that time, the ...
Daily Post Nigeria on MSN7h
EFCC takes over investigation of 3 suspected oil thieves in Akwa IbomThe Uyo Zonal Command of the Economic and Financial Crimes Commission, EFCC, said it has taken over the investigation of three suspected illegal crude oil ...
Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...
Nigeria expects a 30% increase in crude and condensate output as authorities strengthen security around the nation’s oil infrastructure and incentives in the sector attract investment, even though the ...
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