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The IRGC’s oil empire: Iran’s elite guards are cashing in on state’s black gold
08 Apr 2025 10:43 GMT
… with government authorization that crude oil deliveries be expanded to … has planned daily oil exports of 1.85 million barrels through 2025. … of millions of barrels of Iranian crude oil worth hundreds of … . But most of it fuels Iran’s regional ambitions. …
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Oil prices are sliding. That's a problem for Saudi Arabia and its Neom megaprojects.
08 Apr 2025 12:09 GMT
… from oil revenues. Global oil prices averaged $81 a barrel last … crude, the international benchmark, traded as low as $62 a barrel … OPEC+ nations. The bank's analysts now expect $58 a barrel … the world's biggest oil exporter. Tim Callen, a visiting …
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FG Cuts Crude Oil Supply To Local Refineries In March — Survey
08 Apr 2025 12:48 GMT
The Federal Government cut crude oil supplies to local refineries in March, according to … as the Organization of the Petroleum Exporting Countries’ oil output fell in March … curb the flows.
OPEC pumped 26.63 million barrels per day last …
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Will Brent Oil Recover? Trade Tensions and Inventory Data to Watch
08 Apr 2025 10:51 GMT
… slower growth and weaker oil demand.
OPEC+ Concerns
Crude oil prices dropping since April … to local refineries, and U.S. efforts to cut exports from Iran … million barrels last week, pointing to weak demand.
The American Petroleum Institute …
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Where Next for Oil Prices?
08 Apr 2025 10:40 GMT
… quarters, the price of Brent crude “would move in the … because of its overdependence on exports, so fighting the tariffs with … said.
“At the time, oil prices were plummeting, with Brent … s Republic of China, OPEC, and the American Petroleum Institute (API) for …
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Oil Trading Surges as Supply Concerns Clash with Weak Demand
08 Apr 2025 12:55 GMT
… , natural gas, and crude oil, disrupting trade flows and … has softened. European refiners are scaling back orders … Barclays expects transportation fuels, especially jet fuel, to see the … shifting OPEC policy, and possible new sanctions on exporters could …
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Canada oil and gas groups band together to tackle Trump's tariff threat
08 Apr 2025 12:47 GMT
… administration.
The Canadian Association of Petroleum Producers (CAPP), Pathways Alliance, … on the country’s oil and gas exports to the US, … consumes 20 million barrels per day of oil and only produces … US refineries have been modified to handle heavy oil “and …
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Why are falling oil prices bad news for Vladimir Putin?
08 Apr 2025 12:23 GMT
… being $69.7 per barrel.
Revenue from oil and gas account for … tariffs for the fall of crude oil prices.She was quoted as … world economic growth and fuel inflation, while oil prices could be … Russia’s revenue from seaborne oil exports as part of sanctions.
With …
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Oil prices sink to 2021 lows as tariff war fans recession fears
08 Apr 2025 10:08 GMT
… rebound from Opec+ (Organization of the Petroleum Exporting Countries) are … crude oil to US$70 from US$75 a barrel on Opec+ countries unwinding oil … crude oil price forecast further by US$5 a barrel … key risks against Brent crude oil – further global growth …
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Iraq exports +5M oil barrels to US in March
08 Apr 2025 11:51 GMT
… / Iraq exported over 5 million barrels of crude oil to the United … on Tuesday.
Iraq exported 5.487 million barrels of crude, up from … 4.9 million barrels in … was the second-largest Arab oil exporter to the US, behind …