Libya produced more than 43 million barrels of crude oil in August 2026, up 1.55 million…
Tag: Crude Oil
Rise in Oil Prices as Investors Doubt US-Iran Peace Talks
Oil prices climbed on Friday as investors questioned the chances of a breakthrough in US-Iran peace…
JPMorgan Sees No Clear Endgame For Oil Markets
JPMorgan says it has no clear baseline for oil markets as prolonged conflict keeps global supply…
Oil Prices Rise as Iran Blockade Raises Supply Concerns
Oil prices rose as concerns grew over prolonged disruption to Iranian crude supplies and Strait of…
Hormuz Disruption Cuts Natural Gas Exports by 95% – ITC
Natural gas exports through the Strait of Hormuz plunged 95%, disrupting global energy and commodity trade.…
Japan Targets Economic Partnership Agreement with Ecuador
Japan is considering an Economic Partnership Agreement (EPA) with Ecuador to strengthen trade, energy security and…
FG Plans Major Shift from Crude Exports to Local Refining
The Federal Government plans to end crude oil exports by expanding local refining and positioning Nigeria…
China Targets 50% Non-Fossil Power by 2030
China will generate half of its electricity from non-fossil fuel sources by 2030 while maintaining high…
Ukraine Strikes Two Russian Oil Refineries Overnight
Ukraine has targeted two Russian oil refineries in Krasnodar and Yaroslavl as part of its campaign…
Dangote Refinery Targets 1.4m bpd Expansion
Dangote Refinery processed 700,000 barrels of crude oil per day during a performance test, surpassing its…