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Crude Oil - Dangote, Other Nigerian Refineries Face Crude Oil Supply Shortage as NNPC Battles Debt Servicing
Due to its crude oil loans, the Nigerian National Petroleum Company Limited (NNPC) may have challenges meeting the crude oil demands of Nigerian refineries.
Can oil prices continue stellar run despite dollar strength?
Oil has had a stellar start to the new year with prices climbing more than 3% since the close on December 31. The positive start to the year is despite a comfortable outlook for market balances in ...
HPCL, IOC shares fall as crude oil prices rise
Shares of HPCL tumbled 6% to their day’s low of ₹388.50, while BPCL shares went down 4% to ₹285.60. Meanwhile, the shares of IOC fell 3.99% to ₹132.63.
Oil Rises on Optimism Over China’s Economic Recovery
Oil prices rose in the Asian morning session, driven by optimism over China’s potential economic recovery.
Asian Oil Imports Dipped in 2024
Asia's crude oil imports dipped slightly in 2024, driven by a decline in China due to factors like EV adoption and LNG use, while India is projected to become the world's biggest oil demand driver in ...