“The 2025 budget is predicated on crude oil production of 2.062 million barrels at $75 per barrel whereas our current production is averaging 1.7 million barrels leaving a deficit of about ...

U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while product stocks saw further large weekly builds, according to data released by ...

In a sign of firmer demand expectations, Saudi Aramco, the world's top oil exporter, raised crude prices for Asian buyers in February for the first time in three months. Sudan, meanwhile ...

Vladimir Putin has a collection of hundreds of rusting tankers covertly carrying Russian crude oil around the world, according to the European Union (EU). Russia's use of off-the-books ships began ...

2. The number of workers in the unincorporated sector was recorded 10 per cent higher than the previous year. 3. The number of establishments in the other services sector recorded a 13 per cent ...

The US oil boom has been a highlight of the energy markets over the last few years, with American shale producers pumping vast amounts of crude. According to the Energy Information Agency ...

February WTI crude oil (CLG25) Thursday closed up +1.41 (+1.97%), and February RBOB gasoline (RBG25) closed up +0.0427 (+2.13%). Crude oil and gasoline prices rallied Thursday, with crude oil ...

In addition, the prices of Oman and Dubai crude jumped to a rare premium over Brent in recent weeks, as demand for Middle Eastern oil has increased in China and India, key Iranian and Russian ...

Crude oil prices ticked lower today, after the U.S. Energy Information Administration reported an inventory draw of 1.2 million barrels for the final week of 2024 but said gasoline and middle ...

The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, except if there is a surge in Nigeria’s ...

(Bloomberg) -- Oil began 2025 by rising to the highest since October, buoyed by bullish technical indicators and shrinking US crude stockpiles. West Texas Intermediate jumped 2% to settle above $ ...

But while some brokers have just begun allowing investors to buy fractional shares, others have allowed them to do so indirectly as part of dividend reinvestment plans for many years. That’s the ...