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Crude Oil - Expert faults govt for failing to shield Nigerians from global oil market shocks
Petroleum Engineer and Oil and gas analyst, Dr Bala Zakka, has criticised the Federal Government for failing to shield Nigerians ...
China's crude oil imports from top supplier Russia reach new high in 2024
China's crude oil imports from top supplier Russia were up 1% in 2024 to a record high versus 2023, while purchases from Saudi Arabia dropped 9%, data showed on Monday, as refiners chased discounted ...
China's Oil Surplus Inched Higher in 2024
China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the impact of upcoming sanctions.
Rising int’l price of crude forces hike in petrol price
THE Organisation of Petroleum Exporting Countries, OPEC, has put its 2025 economic growth at 3.1 per cent, painting a picture of high crude demand ...
China's surplus crude oil surged last year, giving options for 2025
China's surplus crude oil eased slightly in December, but the excess surged in 2024 to more than 1 million barrels per day (bpd) as refiners gobbled up cheaper Russian cargoes.