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Petrol price and economic enslavement of Nigerians, by Adekunle Adekoya
18 Oct 2024 03:22 GMT
… commissioning of the Dangote Refinery, the price of petrol at the pump … -brainers in this petrol brouhaha. One is that crude is being sold … for dollars to pay for crude. It has little or no … on the price if the crude is still being sold at …
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China's refinery output in September fell for the sixth consecutive month
18 Oct 2024 05:40 GMT
… 73 millions metric tons of crude last month. This is … million barrels of oil per day.
As some refineries began to … operate again after planned maintenance and a new refinery … China's domestic crude oil production in September rose by …
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Heightened Egyptian demand in tight market buoys European fuel oil
18 Oct 2024 03:20 GMT
… at a discount to Brent crude LCOc1. Profit margins flipped … -17.
Egypt's Petroleum Ministry did not immediately respond … production at Motor Oil Hellas' Corinth refinery.
Longer-term factors … availability of the heavier crude oil grades that yield more …
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Dangote’s Wealth Doubles to $28bn on New 650,000 bpd Oil Refinery
18 Oct 2024 02:36 GMT
… ,000 barrels per day oil refinery in Lagos, Bloomberg reported … the biggest single-train oil refinery in the world and … domestic refineries meant it was exporting its own crude, refining … the state-owned Nigerian National Petroleum Company (NNPC), have …
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Oil steadies, but on track for biggest weekly loss in over a month
18 Oct 2024 05:10 GMT
… on concerns about demand.
Brent crude futures gained 8 cents, … while US West Texas Intermediate crude was at $70.82 a … (EIA) showed that US crude oil, gasoline and distillate inventories fell … overall oil demand, said IG’s Yeap.
China’s refinery output …
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Investor.Coffee (10.17.2024): Taiwan Semiconductor Forecast and Crude Price Strength Propel Markets
18 Oct 2024 03:51 GMT
… by gains in crude oil and gold prices. Brent Crude is up 0 … $74.38, while U.S. Crude has risen by 0.26% … unexpected drop in U.S. crude stockpiles. Gold prices are also … shut its Los Angeles-area refinery in late 2025, citing market …
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Can the Czech Republic Cut Ties with Russian Oil Before Elections? – INTERVIEW
18 Oct 2024 05:22 GMT
… increasing reliance on discounted Russian oil, despite EU sanctions, reveals … EU. It notes that Czech refineries, owned by the Polish … have switched to non-Russian oil long ago. However, the … savings from selling cheaper Russian oil to consumers. Last year, …
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Progress seen on overall industry emissions, even as oil and gas emissions rise, EPA finds
18 Oct 2024 04:07 GMT
… from that sector comes as oil and gas emissions rise, …
However, greenhouse gas emissions from petroleum and natural gas plants increased … with a Texas-based ExxonMobil refinery.
The worst emitter – for … from both new and existing oil and gas operations. The …
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Oil production rises as Nigeria intensifies clampdown on theft
18 Oct 2024 03:02 GMT
… ramping up efforts to curb crude oil theft, citing notable progress in … oil and made several arrests. They say the operation has raised crude … target. All illegal refineries must go."
Oil theft costs Nigeria many …
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Saudi Arabia among top buyers of Russian fuel oil in September, LSEG data shows
18 Oct 2024 03:59 GMT
… destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) … on Thursday.
Total fuel oil and VGO exports from Russian … cheaper alternative to Urals crude oil in their refinery feedstock pool, according … Chinese ports.
Russian fuel oil and VGO Loadings to …