MANILA, Philippines — Oil companies are set to lower the prices of diesel and kerosene this week but the cost of gasoline will slightly go up. Shell, Seaoil, and Cleanfuel said they will raise gasoline prices by P0.10 per liter and lower the cost of diesel by P0.20 per liter and kerosene by P0.40 per […]
Diesel, kerosene prices to go down this week Read More »
Home World News Israel Iran Tensions Live Updates: Gold prices rise amid escalating tensions in Middle East By CNBCTV18.COM | May 21, 2025 11:18 AM IST (Updated) Israel Iran Tensions Live Updates: Israel-Iran tensions are surging again, with US intel warning of a possible Israeli strike on Iran’s nuclear sites. This comes amid fragile US-Iran talks and
The Dangote Petroleum Refinery has attributed its recent petrol price reductions to the Federal Government’s naira-for-crude initiative, noting that the deal has enabled it to cushion the impact of global oil price volatility and deliver affordable fuel to Nigerians. In a statement issued on Monday, the company said that despite rising international crude prices, it
Dangote Refinery credits Naira-for-Crude policy for stabilising petrol prices Read More »
Dangote Petroleum Refinery and Petrochemicals has reaffirmed its commitment to maintaining stable petrol prices, even as global crude oil prices continue to fluctuate. The affirmation is contained in a statement issued on Monday in Lagos, the Group Chief Branding and Communications Officer of the company, Mr Anthony Chiejina. Chiejina stated that the company has consistently
Dangote Refinery pledges petrol price stability despite rising crude oil prices Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – May 19, 2025, 7:00 PM CDT Despite oil prices hovering around $65 and macro volatility, energy giants like ExxonMobil, Chevron, and TotalEnergies continue to deliver strong earnings, dividends, and capital efficiency. Companies
7 Energy Winners in a Market Going Nowhere Read More »
By Irina Slav – May 19, 2025, 1:50 AM CDT Goldman Sachs has increased its global oil demand forecast but maintained its price predictions for Brent crude and WTI for the current year, despite current trading values exceeding those projections. The potential for a US-Iran nuclear deal and the progression of the tariff war are
Goldman Raises Oil Demand Outlook 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 – May 18, 2025, 6:00 PM CDT Low oil prices and economic uncertainty are causing U.S. oil production, particularly in shale basins, to plateau or
U.S. Shale Output Nearing Peak as Oil Prices Stagnate Read More »
Cotton futures ended the Friday session with contracts down 50 to 70 points, as July fell 172 points this week. New crop saw less pressure, down just 100 points. Crude oil prices were up $0.79/barrel. The US dollar index was back up $0.111 to $100.840. The weekly CFTC report showed money managers in cotton futures
Cotton Fades Lower into Friday’s Close Read More »
Cotton futures are trading at Friday’s midday, with losses of 55 points in the front months, as thinly traded October is up 8 points. Crude oil prices are back up $0.84/barrel. The US dollar index is back up $0.261 to $100.995. After USDA’s Export Sales report on Thursday, commitments of shipped and unshipped sales are
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Oil drilling rigs Oil prices rose on Friday, on track to post gains for the second consecutive week, following easing trade tensions between the US and China. Brent crude futures for July delivery climbed 0.35%, or 24 cents, to $64.77 per barrel as of 8:08 am KSA time. Meanwhile, US West Texas Intermediate (WTI) crude
Oil prices rise, on track for second weekly gain Read More »
