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Shell profits slump by more than a fifth amid oil price rout
05 Feb 2026 10:00 GMT
… from oil producers, with Brent crude dropping below 60 dollars a barrel last … just over 68 dollars a barrel, and Shell’s chief financial … dollars and 70 dollars a barrel.
The figures mark Shell’s … of the oil price inevitably had an effect as tepid demand and …
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Petrochemical Market Size Projected to Surpass USD 1.25 Trillion by 2035 on Rising Demand from Construction and Automotive Sectors
05 Feb 2026 08:36 GMT
… Initiatives for Petrochemicals:
Petroleum, Chemicals and Petrochemicals … for domestic sustainable fuels based on their … on maximizing crude value increase demand for catalytic … fuel additives, synthetic rubber, and specialty chemical intermediates ➡️ Oil …
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Precious metals, oil slide as global tensions ease; copper down
05 Feb 2026 09:57 GMT
… from silver and gold to crude oil and copper, dived on … almost 15% while gold, crude oil and copper fell about 2% … premium from commodity markets, particularly oil,” he added.
“Following the … additional pressure from worries over demand and rising stocks in …
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Heating Assistance for Rhode Islanders – Good Neighbor Energy Fund sees Rising Demand
05 Feb 2026 09:56 GMT
… Neighbor Energy Fund Sees Rising Demand for Heating Assistance as Winter … are determined by fuel type, including electricity, natural gas, oil, propane, wood …
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Oil prices rise due to escalating tension in Middle East
05 Feb 2026 05:21 GMT
… in the Middle East.
Brent crude futures climbed 65 cents, or … barrel at 01:11 GMT, while U.S. West Texas Intermediate crude … percent, to $63.90 a barrel.
Oil prices had also risen yesterday … hopes for increased global energy demand.
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Oil heated homes urged to respond as West Midlands consultation nears end
05 Feb 2026 05:19 GMT
… in responses reflects the growing demand from oil users for affordable and … represents liquid fuel distributors, have outlined how these fuels could initially be … of respondents support for these fuels from oil-heated homes.
OFTEC CEO …
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FG: How Nigeria Reduced Fuel Import Losses by over N6 Trillion in 9 months
05 Feb 2026 04:30 GMT
… to raise crude oil production
• Ojulari: Unrealistic oil output budget … 650,000 barrels per day Dangote Petroleum Refinery, stressing that … infrastructure, supply and demand development were helping … more affordable alternative fuel for power generation, …
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Dangote Refinery critical stabiliser of Nigeria’s energy system – NNPCL CEO Ojulari
05 Feb 2026 04:24 GMT
… described the Dangote Petroleum Refinery as a critical … oil company in operating government-owned refineries and meeting domestic fuel demand … barrels-per-day Dangote refinery, apart from its capacity, the refinery … he said: “The crude we were taking into …
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Brent Crude To Be Range Bound Under $70 Per Barrel Due To Supply-Demand Mismatch
05 Feb 2026 04:11 GMT
… Delhi, Feb 4 (IANS) Global crude oil prices may see only a … for over a year despite OPEC+ production curbs, amid lack … .
The report further noted that demand forecasts continue to lag incremental … average Brent crude price of around USD 55 per barrel in 2026 …
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Oil Prices Jump 3% After Report Says US Rejects Change to Iran Talks Location
05 Feb 2026 03:54 GMT
… , to $65.14 a barrel.
Latest Oil Prices:
WTI Crude • 65.14 +1 … the Organization of the Petroleum Exporting Countries (OPEC), including Saudi Arabia, Iran … hopes for stronger global energy demand. At the same time, continued …