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Crude Oil Newsletter
  • Crude oil reserves hit37.50 billion barrels 16 Apr 2024 05:38 GMT

    … and contributing to our national oil and gas reserves.” According to him … Crude Oil/Condensate Producers, Crude Oil Refinery-Owners Association of Nigeria (CORAN) and Dangote Petroleum Refinery

  • Govt raises windfall tax on petroleum crude 16 Apr 2024 06:54 GMT

    … in the windfall tax on petroleum crude. Effective from April 16 … crude oil producers and on exports of gasoline, diesel and aviation fuel … regulate private refiners who wanted to sell fuel overseas instead … bid to gain from robust refining margins. (With inputs …

  • Govt hikes windfall tax on crude oil; ONGC & OIL to take hit 16 Apr 2024 06:47 GMT

    … hiked the windfall tax on crude oil to Rs 9,600 … imposed the windfall tax on crude oil in July last year and … gasoline, diesel and aviation fuel after private refiners started making gains from … robust refining margins in overseas markets, …

  • Nigeria’s crude oil reserves hit 37.50bb —NUPRC 16 Apr 2024 06:45 GMT

    … Upstream Petroleum Regulatory Commission (NUPRC) has said Nigeria’s crude oil reserves increased … . Also, the country’s Natural Gas reserves rose from N208.83 … and contributing to our national oil and gas reserves.” ALSO READ: BREAKING …

  • What Ukraine Drone Attacks in Russia Mean for Crude Oil Exports 16 Apr 2024 05:35 GMT

    … month-on-month in March. Fuel shipments fell by half that … drone attack on a Russian oil refinery happened on April 2.  To … limited by the availability of crude from projects off Sakhalin Island … also sought to ensure stable fuel supply to the domestic market …

  • Fuel price warning if Iran conflict escalates, raising threat of new recession 16 Apr 2024 06:46 GMT

    … threaten a devastating spike in oil, fuel and energy prices, experts … of the world’s oil and gas supplies by closing … crude and refined products passing through the strait each day could see oil … per cent of Britain’s gas imports. The organisation representing …

  • OPINION: Oil funds were bullish even before Iran launched missiles 16 Apr 2024 05:12 GMT

    … progressively more bullish towards crude oil and refined petroleum products even before Iran … ) and European gas oil (+13 million). Chartbook: Oil and gas positions Investors remained … million barrels (75th percentile) in gas oil. Overall, fund positions had …

  • Iraq prepares to reactivate its oil pipeline with Turkey 16 Apr 2024 06:40 GMT

    … that pumping of petroleum products to the modern Kirkuk oil depot could … the increase in refining capacity of the Baiji refineries.    On the other … will support the strengthening of crude oil export infrastructure and increase the …

  • Brace For Inflation. Iran’s Attack On Israel Has Deep Implications For The Global Economy And India, Affecting Trade, Oil, And Daily Life. What Should Indian Investors Do? 16 Apr 2024 04:31 GMT

    … economies and political dynamics. Oil And Gas Disruptions Foremost among the … zones, thereby driving up aviation fuel consumption and consequently airfares. The … companies, vulnerable to sustained high crude oil prices and constrained margins, aggravated …

  • Iowa gas prices jump 9 cents 16 Apr 2024 06:06 GMT

    … reports covering over 150,000 gas stations across the country. … their response, the risk to crude oil has diminished, and the … Patrick De Haan, head of petroleum analysis at GasBuddy. “If … it could certainly still push oil prices higher. However, motorists …

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