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Freight Markets at an Inflection Point: Geopolitics, Supply, and Demand Shifts
07 Feb 2026 04:03 GMT
… gradually unwind 1.65 million barrels per day (bbl… the expected seasonal weakness in oil demand during the first quarter. … disruptions from the major OPEC producer. This news eased … halt in Russian crude oil purchases by Indian refiners and the potential …
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Cuba to protect essential services as US moves to cut off oil supply
07 Feb 2026 04:39 GMT
… essential services and ration fuel as the communist-run … S. effort to cut off oil supply to the Caribbean … severe shortages of food, fuel and medicine.
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… part of our demand," but acknowledged fuel shortfalls would push …
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US oil blockade: How long before Cuba collapses?
07 Feb 2026 05:49 GMT
… . "The blackouts have increased, fuel is in even shorter supply … ;s current demand for oil is an estimated 100,000 barrels of crude oil per … ;s ill-suited for most fuels, so it's mainly … number of] weeks until the fuel runs out. Then, not only …
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BP Whiting refinery workers are preparing for a possible strike after union talks fail
07 Feb 2026 03:45 GMT
… 's 440,000-barrel-per-day refinery ?in Whiting, Indiana, … negotiations with the British oil major that did not … faith and stand united to demand a fair contract for … produces transportation fuels such as gasoline, jet fuel, diesel fuel, and other fuels.
( …
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Shell promises spending cuts, oil and gas growth to tackle price weakness
07 Feb 2026 05:18 GMT
… energy company’s upstream oil and gas business produced … billion in Nigerian deep-water oil production, acquired acreage in … levels,” new spending will demand strict capital discipline and “ … biofuels project and its Bukom refinery in Singapore, the company …
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Oil Prices Reverse Early Gains
07 Feb 2026 05:18 GMT
WTI crude futures pared early gains to trade around the flatline near $67.5 a barrel on Friday and were on track for their first weekly decline in seven weeks, as concerns over potential supply disruptions in the Middle East eased.
At the same time, …
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Nigeria’s per capita oil production risks cutback in 2030 - Adeola Yusuf Feb 07, 2026
07 Feb 2026 03:15 GMT
… progress on the 3 million barrels oil production target set for 2030 … by Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, and Permanent … you, sir, to adopt and demand contractors and producers to adopt …
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Oil Ends Week On Mild Upswing As Pundits Resume Fears About U.S. Striking Iran
07 Feb 2026 02:59 GMT
… at $68.05 per barrel, and West Texas Intermediate … to a potential slowdown in oil demand."
However, geopolitical tensions … of sanctions against Russian crude exports, targeting not just … other maritime services for Russian crude at any price; however …
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Canada and Alberta Align on Oil Export Strategy Amid Changing Trade Dynamics
07 Feb 2026 02:18 GMT
… million barrels per day (bpd) of crude oil, tapping into the growing demand in … Asia, the world’s largest oil … export capacity of Alberta’s crude oil. Currently, over 95% of Canadian …
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Venezuela’s Return Won’t Dethrone Latin America’s Oil Leaders
07 Feb 2026 01:37 GMT
… the majority of non-OPEC+ supply growth and underscoring … securing heavy crude feedstock for US Gulf Coast refiners at … required to sell Venezuelan barrels. However, projects with … amid declining prices.
Supposing oil demand stays resilient through 2035, …