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In Boost for Oil Output, NNPC Set to Begin Export of New Crude Grade in March
25 Feb 2026 03:21 GMT
… 2 million barrels and aims to boost crude oil transportation … said.
Nigeria’s OPEC+ crude output quota is 1 … Nigeria’s downstream petroleum sector, the Dangote Petroleum Refinery & … national demand, effectively positioning the country for sustained fuel …
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Palm oil growers cry foul as imports eat into profits
25 Feb 2026 04:59 GMT
… billion, supported by higher crude palm oil (CPO) prices of $ … $154.62 million importing crude palm oil in 2024, according to … palm oil.”
Ibru noted that imports of crude palm oil ought … , increasing edible oil demand and widening the supply-demand gap.
Read …
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Oil flirts with seven-month highs ahead of US-Iran talks
25 Feb 2026 06:44 GMT
… , at $71.20 a barrel at 4pm GMT. West Texas … , the third-biggest crude producer in oil cartel Opec, and other countries … is exceeding demand.
According to market sources, the American Petroleum Institute … in US oil stockpiles of 11.43-million barrels in the …
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Palm oil prices fall for the third consecutive session due to weak demand and a strong ringgit
25 Feb 2026 06:05 GMT
… Testing Services, exports of palm?oil from Malaysia for the period … Tuesday that the price of crude palm oil is expected to be … , improved demand from India, and strong U.S. soy oil prices.
… in the global vegetable oil market, palm oil tracks price changes of …
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Entertainment is the next hope for Nigeria after oil (2)
25 Feb 2026 03:17 GMT
… between economic development and the demand for leisure; the growth … alone!
Entertainment as the new oil
As stated above, Price … /823542-now-that-crude-oil-is-worthless-heres-another-option … cable and radio with on-demand streaming platforms like Netflix …
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Trump's plan for rising energy costs: Pump oil, make data centers pay
25 Feb 2026 04:17 GMT
… ramping up domestic production of oil, gas and coal, residential … Trump has also championed fossil fuel production and on Tuesday doubled … production of American oil and new imports of oil from Venezuela. … that can keep up with demand, ensure utility bills don’ …
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Moscow Reroutes Oil to China on Largest Vessels After India Slowdown
25 Feb 2026 03:11 GMT
… drop in Indian demand for Russia’s oil have prompted Moscow … of carrying 2 million barrels of crude.
In recent weeks, … withdrawal of the Indian refiners from spot Russian purchases, … discounted for Chinese independent refiners.
By Charles Kennedy for …
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Oil analysts say there is a supply glut — why that hasn’t translated to lower prices this year
25 Feb 2026 03:05 GMT
… Yahoo Finance.
Futures on Brent crude (BZ=F), the international … Organization of the Petroleum Exporting Countries, or OPEC+, spent much of … for Brent crude to average $56 per barrel in 2026, … a barrel of oil right now, based on supply and demand fundamentals …
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Oil prices hover near seven-month highs ahead of US-Iran talks
25 Feb 2026 02:41 GMT
… at $71.22 per barrel, up 45 cents, or … third-biggest crude producer in the Organization of the Petroleum Exporting … exceeding demand.
According to market sources, the American Petroleum Institute late … U.S. oil stockpiles of 11.43 million barrels in the …
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Oil prices hover near seven-month highs ahead of US-Iran talks
25 Feb 2026 02:41 GMT
… at $71.22 per barrel, up 45 cents, or … third-biggest crude producer in the Organization of the Petroleum Exporting … exceeding demand.
According to market sources, the American Petroleum Institute late … U.S. oil stockpiles of 11.43 million barrels in the …