Author name: David Ryabchikov

Nigeria: Nigeria to Review Gasoline Transport Safety Protocols After Deadly Blast

Nigeria: Nigeria to Review Gasoline Transport Safety Protocols After Deadly Blast

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Abuja, Nigeria — Authorities in Nigeria have announced plans to review safety protocols for the transportation of gasoline after a deadly tanker accident and explosion in Jigawa state killed more than 140 people Wednesday. President Bola Tinubu said the review will be “swift and comprehensive,” but some observers are skeptical that safety standards will improve. […]

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Kinder Morgan Cuts 2024 Earnings Guidance on Lower Oil Prices

Kinder Morgan Cuts 2024 Earnings Guidance on Lower Oil Prices

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Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info By Tsvetana Paraskova – Oct 17, 2024, 4:00 AM CDT U.S. pipeline operator Kinder Morgan (NYSE: KMI) has revised down its earnings guidance for this year amid a decline in

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Nvidia’s AI summit, Tesla’s robotaxi, Amazon Prime Day, inflation: What to watch in the markets this week

Nvidia’s AI summit, Tesla’s robotaxi, Amazon Prime Day, inflation: What to watch in the markets this week

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In This Story Last week closed on a positive note , with two key developments easing concerns about the economy. A strong jobs report helped calm fears of a weakening labor market, while the resolution of the dockworkers’ strike alleviated worries about supply chain disruptions. In addition, oil prices, which had surged early in the

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Oil prices jump as Biden says ‘discussing’ possible Israeli strikes on Iran oil facilities

Oil prices jump as Biden says ‘discussing’ possible Israeli strikes on Iran oil facilities

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Dubai: President Joe Biden said on Wednesday he is in discussions regarding possible Israeli strikes on Iranian oil facilities, a comment that caused oil prices to spike by five per cent on Thursday, just a month before the US presidential election. Biden assured reporters that he does not expect Israel to retaliate against Iran for

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Crude oil prices surge 5% following Iranian missile attacks on Israel

Crude oil prices surge 5% following Iranian missile attacks on Israel

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West Texas Intermediate (WTI) crude climbed over 5%, exceeding $71 per barrel after an earlier decline of 2.7%. Meanwhile, Brent crude, the international benchmark, rose above $75 per barrel. Crude oil prices surged by 5% on Tuesday following Iran’s missile strikes on Israel, sparking concerns of a potential regional conflict in the Middle East. West

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Rapid regional developments impact economy: Prime Minister

Rapid regional developments impact economy: Prime Minister

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Egypt’s Prime Minister Mostafa Madbouly chaired a government meeting on Wednesday, at the Cabinet headquarters in the New Administrative Capital. Madbouly stated that the rapid developments in the region created an exceptional circumstance that impacted the economic conditions of several countries, including Egypt. This is evident through rising oil prices and the significant effect on

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