Canada has designated a proposed 1 million-bpd pipeline to the Pacific coast as a project of…
Tag: global oil market
Asia’s Crude Imports Recover As Refined Fuel Supply Remains Tight
Asia’s crude imports are rising as Strait of Hormuz flows recover, but volumes remain below pre-conflict…
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.…
IEA to Release 400m Barrels From Oil Reserves
IEA has announced the release of 400 million barrels of oil from emergency reserves to stabilise…
Trump’s Oil Move in Venezuela Threatens Nigeria’s US Crude Exports
Nigeria’s US crude oil exports face renewed pressure as the United States repositions its energy supply…
Nigeria Misses OPEC Oil Target for Third Consecutive Month
Nigeria has again missed its crude oil target set by the Organisation of Petroleum Exporting Countries…
Trump Halts Chevron’s Venezuela Operations Over Migrant Deal Breach
Donald Trump revoked Chevron’s key license to operate in Venezuela after accusing Caracas of failing to…