Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Jul 02, 2024, 12:30 PM CDT The U.S. national average price of gasoline on July 4 is expected at $3.49 per gallon, which would be the lowest price on Independence Day since 2021, fuel-savings platform GasBuddy said on Tuesday. Gasoline prices have […]
U.S. Drivers Could See The Lowest July 4 Gasoline Prices Since 2021 Read More »
Aliko Dangote, Africa’s wealthiest billionaire, is making waves in the energy sector with his latest venture, the Dangote Oil Refinery. This massive facility is revolutionizing gasoil exports in West Africa, putting the region on the map as a key player in the global market. But how exactly is this refinery changing the game? Let’s and
How Aliko Dangote’s New Refinery is Transforming the Gasoil Export Market in West Africa Read More »
Brix Lelis – The Philippine Star July 2, 2024 | 12:00am In separate advisories, Shell, Caltex and Seaoil said gasoline, diesel and kerosene will increase by P0.95, P0.65 and P0.35 per liter, respectively. STAR / File MANILA, Philippines — Motorists can expect fuel prices to increase by as much as P0.95 per liter today, amid
Oil prices increase for 3rd straight week Read More »
MANILA, Philippines — Oil companies are set to raise pump prices on Tuesday, July 2, for the third consecutive week. Shell and Seaoil said they will hike gasoline prices by P0.95 per liter and diesel by P0.65 per liter. Kerosene prices will go up by P0.35 per liter. Last week, oil firms raised the prices
Oil firms to raise pump prices anew Read More »
Oil drilling rigs Oil prices rose on Friday, heading for gains for the third consecutive week thanks to increasing expectations that the US Federal Reserve is nearing the end of its current monetary tightening cycle. The prices of Brent crude futures for September delivery, the most actively traded, increased by 0.54% to $85.72 at 08:34
Oil rises, heads for gains for third straight week Read More »
SAR 500 banknotes Saudi Islamic banks’ standalone credit profiles will remain strong in 2024 and 2025, supported by high oil prices and benign operating conditions, Fitch Ratings said in a new dashboard. Islamic banking is dominant in Saudi Arabia, with the largest proportion of Islamic financing (85%) of any country that allows conventional banks to
Saudi Islamic banks’ standalone credit profiles to stay strong in 2024, 2025: Fitch Read More »
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 – Jun 25, 2024, 3:49 PM CDT Crude oil inventories in the United States rose this week by 914,000 barrels for the week ending June 21, according to
Crude, Gasoline Build Weigh on Oil Prices Read More »
Crude oil futures rose 1% on Monday and are on pace to post a gain for the month, as signs point to strengthening gasoline demand in the US and geopolitical tensions flare again in the Middle East. Oil prices pulled back Friday, snapping a recent winning streak, but closed out the week nearly 3% higher.
Oil prices rise 1%, on pace for monthly gain as Israel-Lebanon tensions simmer Read More »
Dangote Industries Limited (DIL), has accused international oil companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals through crude oil price mnipulations and sabotage. Devakumar Edwin, the Vice President of Oil and Gas at Dangote Industries Limited (DIL) made the accusation while addressing a group of Energy
Again, Dangote accuses IOCs of crude oil price manipulation, sabotage Read More »
The Vice President of Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has raised serious allegations against International Oil Companies (IOCs) operating in Nigeria. He claims these companies are actively working to sabotage the operations of the Dangote Oil Refinery and Petrochemicals. During a one-day training event for Energy Editors organised by the
BREAKING : Dangote alleges crude oil price manipulation, says firms sabotaging refinery Read More »
