Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Apr 11, 2025, 6:00 PM CDT The United States’ shift to a net oil exporter means that falling oil prices […]
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News Investigators/ The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the recent drop in global crude oil prices has sparked hopes of a corresponding reduction in petrol prices in Nigeria PETROAN’s National President, Billy Gillis-Harry, while reacting to recent development in the oil and gas sector lauded the Federal Government’s decision to
Global Crude Price Drop, Naira-For-Crude To Lower Fuel Cost – PETROAN Read More »
Oil drilling rigs Oil prices rose on Friday, but are heading for a second consecutive weekly loss after sharp fluctuations arising from the US trade war and fears of a global economic recession. Brent crude futures for June delivery increased 1% to $63.98 per barrel at 9:13 Makkah time, after losing 3.3% or $2.15 on
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How the oil price plunge complicates Saudi Arabia’s economic agenda https://www.investing.com/news/economy-news/analysishow-the-oil-price-plunge-complicates-saudi-arabias-economic-agenda-3972970
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May WTI crude oil (CLK25) Friday closed down -4.96 (-7.41%), and May RBOB gasoline (RBK25) closed down -0.1098 (-5.07%). Crude oil and gasoline prices on Friday sank for the second day, with crude falling to a 4-year low and gasoline sliding to a 1-month low. Tariff turmoil undercut energy prices Friday after China retaliated against
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Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Apr 01, 2025, 8:00 AM CDT Oil prices inched down slightly on Tuesday morning as OPEC+ begins adding supply from April 1, amid U.S. threats of secondary tariffs on buyers of Russian and Iranian oil and persistent concerns about U.S. tariffs
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Oil prices slipped on Monday, heading for a modest quarterly loss, despite a warning from U.S. President Donald Trump that he may impose secondary tariffs on buyers of Russian oil if he feels Moscow is blocking his efforts to end the war in Ukraine. The more active June Brent crude futures fell 30 cents, or
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News Ghanaian businessman Dr Daniel McKorley, founder and Chief Executive Officer (CEO) of McDan Group, has revealed he used to sell kerosene and bofrot to make ends meet way before he found wealth. In a video sighted by GhanaCelebrities.com on social media, McDan, as he’s commonly known, revealed he struggled to make ends meet as
Oil companies are poised to raise pump prices this week, mostly due to the effects of global geopolitical developments. Shell, Seaoil, and Cleanfuel said they will hike gasoline prices by P1.10 per liter and diesel by P0.40 per liter. The cost of kerosene will go up by P0.40 per liter. Last week, oil firms lowered
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Oil drilling rigs Oil prices rose on Friday, achieving second weekly gains, amid market assessment of geopolitical tensions in the Middle East. Brent crude futures for May delivery rose by 0.2%, or 16 cents, to $72.16 a barrel. Similarly, US WTI for May delivery increased 0.3%, or 21 cents, to $68.28 a barrel. Both contracts
Oil prices rise, record second weekly gains Read More »
