By Tsvetana Paraskova – Dec 08, 2025, 7:00 PM CST Most investment banks and the EIA forecast that average oil prices will fall below $60 per barrel in 2026 due to an emerging and persistent market oversupply. The oversupply is primarily caused by weak global demand growth combined with rising supply from both OPEC+ and […]
Why Oil Prices are Set to Fall Below $60 Next Year Read More »
Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics and later completed an Executive MBA in Energy Transition at the University of Groningen.… More Info Set us as your preferred Google source Premium Content By Tom Kool – Dec 05, 2025, 10:19 AM CST Oil prices remained stuck in a narrow
CPC Cuts Fail to Lift Brent as Saudi Pricing Undercuts Rally Read More »
The world’s first mass-produced ethanol car, the Fiat 147, motored onto Brazilian roads in 1979. The vehicle crowned decades of experimentation in the country with sugar-cane (and later, corn-based and second-generation sugar-cane waste) ethanol as a homegrown fuel. When Chinese automaker BYD introduced a plug-in hybrid designed for Brazil in October, equipped with a flex-fuel
BYD’s Engine Flexes Between Ethanol, Gasoline, and Electricity Read More »
FILES: Minister of Budget and Economic Planning, Atiku Bagudu The Federal Executive Council (FEC) has approved the 2026-2028 medium-term expenditure framework (MTEF), outlining Nigeria’s economic outlook, revenue targets, and spending priorities for the next three years. Briefing journalists after the FEC meeting on Wednesday in Abuja, the Minister of Budget and National Planning, Atiku Bagudu,
FEC Approves 2026-2028 MTEF, Projects ₦34trn Revenue Read More »
West Texas Intermediate (WTI) Oil price remains in the positive territory for the third successive session, trading around $59.00 per barrel during the Asian hours on Friday. Crude Oil prices edge higher as traders monitor progress in Russia-Ukraine peace talks. Russian President Vladimir Putin indicated that proposals from US President Donald Trump could help shape
WTI holds ground near $59.00 as eyes on Russia-Ukraine peace talks Read More »
Kenyans have secured a supposed victory after the High Court declared the government’s decision to impose a 10 percent import duty on crude palm oil unconstitutional. The ruling, delivered by Justice Bahati Mwamuye on Thursday, halted a policy that had triggered an immediate spike in the cost of basic household commodities. Justice Mwamuye ruled that
Cooking Oil Prices Set for Relief After Court Quashes 10% Palm Oil Duty Read More »
34n1gtf[[rx(a)jlhnma0}1a_media_dl_1.png Petrobras Article content (Bloomberg) — Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion in a move to shield its cash flow at a time of lower international oil prices. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your
Petrobras Trims Five-Year Plan to $109 Billion on Low Prices Read More »
Finance Minister Nate Horner released prognostications for the second-quarter with a fiscal update Thursday, portraying a softening economy and laying it at the feet of tariffs imposed by U.S. President Donald Trump. Published Nov 27, 2025 7 minute read Finance Minister Nate Horner. Photo by David Bloom /Postmedia, file Article content Oil prices are down,
According to data released by the China Association of Automobile Manufacturers, China’s new energy vehicle (NEV) market reached a major milestone in October, with NEV sales hitting 1.715 million units and accounting for 51.6% of total new car sales — surpassing gasoline vehicles for the first time. NEV production and sales in the month rose
China’s new energy vehicle sales surpass gasoline cars for the first time in October Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Nov 12, 2025, 7:00 PM CST Despite oil prices trading about $15/bbl below their 52-week highs, Big Oil firms—Exxon, Chevron, Shell, and TotalEnergies—collectively earned over $21 billion in Q3. Exxon’s breakeven has
Why Big Oil Is Still Gushing Profits Despite Low Oil Prices Read More »
