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India-US trade deal LIVE | Buying oil from US in India's interest, says Goyal; Oppn seeks debate on trade deal
08 Feb 2026 18:19 GMT
… , whether India's petroleum minister is Trump or Hardeep … door to penalizing Indian refined fuels — diesel, jet fuel and other products — … , in addition to oil, LNG, LPG, and crude oil,” Goyal said.
Feb … economy would generate a demand of about USD 2 …
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Iraq joins producers of high-quality petroleum products
08 Feb 2026 18:08 GMT
… capacity of 11,000 barrels per
day.
The … refined oil products to global markets by
2030. Authorities formally halted fuel … , and kerosene.
Iraq, OPEC’s second-largest producer, … demand
for refined oil products.
Read more: Why doesn't Iraq export petroleum …
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Each Minister handles his responsibility, says Piyush Goyal on trade deal, Russian oil
08 Feb 2026 16:08 GMT
… starch, essential oils, ethanol for fuel, and tobacco, among others.
So … economies, so effectively the demand for cotton is going to … and as exports grow, the demand for domestic cotton also grows … For example, energy such as crude oil, LNG, LPG, we have to …
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Nigerian Governors Demand Evidence of Presidential Write-off of NNPC’s Debt
08 Feb 2026 15:40 GMT
… ¹ ².
*Background*
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) had announced … Production Sharing Contracts (PSC), oil royalties, and domestic reconciliation … authorization ⁴ ⁵.
The governors’ demand for evidence underscores the ongoing …
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Five game-changing products from Dangote Refinery set to reshape Nigeria’s economy, energy
08 Feb 2026 14:23 GMT
… petroleum refinery, is more than a solution to Nigeria’s long-standing fuel … import problem.
With a capacity of 650,000 barrels … local demand, domestic production marks a major shift.
Refinery-produced … shows that beyond fuels, Dangote Refinery is a major …
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‘Buying crude from US is in India’s interest,’ says Piyush Goyal amid White House Russian oil claims
08 Feb 2026 13:41 GMT
… ’s demand to stop the purchase of Russian Federation oil, Union … on Sunday claimed that buying crude oil from the United States is … interest.
“The buying of crude oil or LNG, LPG from the … Delhi may consider diversifying its oil sources.
Goyal further defended …
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Kuwait Charts Path To 4 Million Bpd Oil Capacity
08 Feb 2026 13:32 GMT
… to lift crude oil production capacity to 4 million barrels per … Beyond Al-Saif, Kuwait Petroleum Corporation and its subsidiaries are … sustainable production levels. Within OPEC, capacity is a key … target is realised. Global oil demand growth is forecast to …
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UAE Banks Set For Strong 2026 As Profits, Lending Surge Fuel Outlook
08 Feb 2026 13:32 GMT
(MENAFN- Khaleej Times) The UAE banking sector is heading into 2026 on a strong footing after delivering record-breaking financial results in 2025, supported by robust non-oil economic growth, high interest rates and sustained corporate lending activity.
…
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Oil Servicers Look to Middle East for Growth
08 Feb 2026 12:56 GMT
… . If crude prices drop into the low $50-per-barrel range for … fracking in the US.
Global oil prices have steadily declined in … .
SLB
A rebound in oil production driven by OPEC+ policy and gas … becoming a priority to meet regional demand …
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Firm plans fleet expansion across Africa as oil, gas projects gain momentum
08 Feb 2026 12:03 GMT
… Ekpo, Minister of State for Petroleum Resources (Gas); Iroghama Ogbeifun, Managing … Oyekunle, Permanent Secretary, Ministry of Petroleum Resources; Sen. Heineken Lokpobiri, Minister … vessels are also in demand.
According to her, oil vessels are required …