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 – Dec 27, 2024, 12:16 PM CST Crude oil prices ticked slightly higher today after the U.S. Energy Information Administration reported a large draw in crude oil inventories […]
Oil Moves up on Inventory Dip Read More »
Oil prices are up over 1.00% this Friday ahead of last Oil data points for 2024. Key US Oil data will be released Friday, with expectations for another draw down. The US Dollar Index trades flat and resides just above 108.00, heading into New Years Eve next week. Crude Oil prices are speeding higher on
Crude Oil are sprinting higher with key US inventory data on deck Read More »
Oil drilling rigs Oil prices edged lower on Friday but are on track to post weekly gains, supported by investor optimism over China’s commitments to expanding spending to boost the economy and ahead of US inventory data expected later today. Brent crude futures for February delivery slipped slightly by 0.11% or 8 cents to $73.18
Oil prices slightly lower but head for weekly rise Read More »
Oil prices are in search to end the week on a high note by attempting to close above $70.00. Traders are torn in their choice between a possible short term upside against a long term bearish turnout. The US Dollar Index trades below 107.00 and fails to hold onto gains. Crude Oil is making its
Crude Oil in orbit around $70.00, looking for a weekly close above it Read More »
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U.S. oil prices top $70 for first time in over 2 weeks on concerns over tight supply Read More »
The Conversion Units comprise of the catalytic crackers, hydrocrackers, or cokers and process the heavier fractions into higher-value products like gasoline, jet fuel, or diesel, top sources in the Refinery explained to SaharaReporters on Saturday. The Conversion Units of the Port-Harcourt Refinery of the Nigerian National Petroleum Company Limited (NNPCL) which are responsible for high-value
Air Peace Ltd. says the operating cost for a one-hour flight exceeds N14 million. The airline’s Chief Operating Officer (COO), Mrs Oluwatoyin Olajide, disclosed at a news conference on Friday in Lagos. Olajide said that N7 million is required to purchase 4,000 litres of jet A1 (aviation fuel), which is currently sold for N1,400 per
‘1-hour flight costs over N14m’: Why our ticket price is expensive — Air Peace Read More »
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt refinery, with a daily production capacity of 60,000 barrels, is operational and producing refined petroleum products such as diesel, kerosene, and petrol. Speaking at PENGASSAN’s National Executive Council Meeting on Tuesday, December 3, in Abuja, National President Festus
PortHarcourt refinery working, but won’t reduce petrol price — PENGASSAN Read More »
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 Premium Content By Tsvetana Paraskova – Dec 03, 2024, 7:00 PM CST OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts
OPEC Secrecy Isn’t Helping Its Exit Strategy from Production Cuts Read More »
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt refinery, with a production capacity of 60,000 barrels per day, is operational and currently producing various refined petroleum products, including diesel, kerosene, and petrol. PENGASSAN National President, Festus Osifo, during the association’s National Executive Council Meeting held on
P’Harcourt refinery working, but won’t reduce petrol price — PENGASSAN Read More »
