Author name: David Ryabchikov

Fed Rate Cut Fails to Lift Oil as Inventories Weigh

Fed Rate Cut Fails to Lift Oil as Inventories Weigh

Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com,  More Info Premium Content By Michael Kern – Sep 19, 2025, 10:09 AM CDT Oil prices ended the week slightly lower as U.S. inventory builds and oversupply fears outweighed the Federal Reserve’s long-awaited interest rate cut. Friday, September 19, 2025 The long-anticipated

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EPRA: List of 10 Kenyan towns with highest, lowest fuel prices

EPRA: List of 10 Kenyan towns with highest, lowest fuel prices

The Energy and Petroleum Regulatory Authority (EPRA) announced new fuel prices for September 15 to October 14, 2025 EPRA attributed the price adjustments to reduced landed costs of imported petroleum, but Kenyans expressed frustration over the minimal relief Kenyan towns in the coast and central regions have the lowest fuel prices, while the northern and

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American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures

American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures

Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Sep 14, 2025, 4:00 PM CDT U.S. oil hit a record in June (13.58 mb/d), but momentum is fading. Smaller operators are pulling back, and only the majors are still adding barrels.

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Oil prices up $1 after Israeli attacks, but oversupply caps gains

Oil prices up $1 after Israeli attacks, but oversupply caps gains

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Nigeria’s Dangote refinery gasoline unit could be shut for 2-3 months, IIR says

Nigeria’s Dangote refinery gasoline unit could be shut for 2-3 months, IIR says

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Kerosene Now Over ₦2,000 per Litre as Price Climb 41% in a Year

Kerosene Now Over ₦2,000 per Litre as Price Climb 41% in a Year

Kerosene prices in Nigeria have climbed again, with fresh data confirming a steep 41 percent rise within a year – www.naijnaira.com reports. The National Bureau of Statistics revealed that Nigerians paid an average of ₦2,192.63 per litre in June 2025, compared with ₦1,555.11 recorded in June 2024. In a month-to-month breakdown, the report showed a

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