Author name: David Ryabchikov

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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Oil Prices Slip After API Reports Unexpected Inventory Build

Oil Prices Slip After API Reports Unexpected Inventory Build

Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Sep 03, 2025, 3:43 PM CDT The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 622,000 barrels in the week

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