The pump price of Premium Motor Spirit (petrol) could rise to as much as N1,000 per litre in the coming days following a fresh increase in crude oil prices on the global market. Petroleum marketers said the recent jump in international crude prices above $70 per barrel may lead to another round of price adjustments […]
Why petrol price may climb to N1,000/litre soon Read More »
Riyadh Mohammed Over the past 20 years, Trinidad and Tobago’s agriculture sector has stagnated and declined, with its GDP contribution falling below 1 per cent in recent years as the energy sector has taken centre stage. In the midst of declining oil prices in 2015, the Government pushed for diversification, but problems including low production,
Accessing agricultural finance and insurance in TT Read More »
By Irina Slav – Jan 17, 2026, 6:00 PM CST Oil prices are retreating after a geopolitics-driven spike, as the glut narrative regains control. Rising inventories, sanctioned crude weighing on tanker data, and new Venezuelan barrels reinforce oversupply fears. Geopolitical risks still lurk, from Iranian unrest to drone attacks near key export routes, but so
Oil’s Problem Isn’t Iran or Russia — It’s Too Much Oil Read More »
The US Energy Information Administration forecasts US Crude production to remain near 13.6 million bpd in 2026, with a gradual decline next year due to weaker drilling activity amid low Oil prices. While oversupply persists at roughly 2.8 million bpd this year, rising demand and falling US output are expected to gradually reduce the global
US Crude output to decline as prices remain soft – Commerzbank Read More »
Kenyan motorists and households will enjoy slight relief at the pump after the Energy and Petroleum Regulatory Authority (EPRA) announced a reduction in fuel prices in its latest monthly review. EPRA said it has lowered the price of super petrol by Ksh2 per litre, while diesel and kerosene have each dropped by Ksh1 per litre,
Petrol, Diesel and Kerosene Prices Drop in EPRA’s Latest Review Read More »
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] NEW YORK (AP) — Wall Street pulled back from its records on Tuesday following a mixed start to the latest profit reporting season for big U.S. companies. The S&P 500 fell 0.2% from its all-time high set the day before. The Dow Jones Industrial Average dropped 398
Tokyo shares jump to new record following Wall Street rally Read More »
By Alex Kimani – Jan 12, 2026, 6:00 PM CST Global upstream investment is set to fall again in 2026, but the Middle East and North Africa are expected to add around 20 billion boe through new licensing rounds and contract awards. Libya, Iraq, Kuwait, Oman, and Syria are reopening or expanding upstream opportunities. Middle
Where The Middle East’s Next 20 Billion Barrels Are Coming From Read More »
By Irina Slav – Jan 12, 2026, 5:00 PM CST Trump’s push for cheap energy has clashed with oil market realities, as low prices pressure U.S. producers and discourage investment. Oversupply fears have weighed on prices, with forecasters expecting production cuts from shale and falling upstream capex. Geopolitical risks are now lifting prices again, as
Cheap Oil Is Double-Edged Sword for Trump Read More »
By Tsvetana Paraskova – Jan 12, 2026, 4:00 PM CST Rising oil output from the Americas and potential U.S. control over Venezuela’s reserves threaten to weaken OPEC’s influence on global oil supply and pricing. A recovery of Venezuela’s oil sector would require massive investment and legal certainty. If the U.S. gains sway over Venezuelan oil,
Trump’s Venezuela Gambit Could Erode OPEC’s Clout in Oil Markets Read More »
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98-octane gasoline: everything you need to know Read More »
