-
NMDPRA report: Dangote Refinery, imports overshadow Nigeria’s modular refineries in fuel supply
27 Feb 2026 17:40 GMT
… the country’s diesel demand between November 2025 and … such as the Dangote Petroleum Refinery continue to dominate diesel … UGCCORAN calls for support
The Crude Oil Refiners Association of Nigeria (CORAN) … petrol production and cleaner fuels.
According to him, …
-
Analysts hike oil outlook on geopolitical risks, oversupply concerns limit upside
27 Feb 2026 16:57 GMT
… forecast that Brent crude would average $63.85 per barrel in 2026 …
Meanwhile, OPEC+ will likely consider increasing oil output by 137,000 barrels per … 2026. Meanwhile, most analysts see oil demand growing between a range of …
-
FTSE 100 hits high and oil jumps amid US-Iran tension
27 Feb 2026 18:07 GMT
… Trump’s negotiating team would demand that Iran dismantle its three … .
Brent oil traded higher at 72.71 dollars a barrel on Friday … close in New York.
The oil price strength supported BP, up … -Iran worries and the rising oil price put airlines under pressure …
-
Ukraine assesses damage to Druzhba oil pipeline - Bloomberg learned what is known about repairs
27 Feb 2026 18:09 GMT
… regarding "Druzhba" and demand access from Zelenskyy27.02.26 … and uninterrupted supply of fuel to the Druzhba pipeline … massive oil spill, so it was decided to pump fuel from … euros annually on Russian fossil fuels.
Hungarian Foreign Minister Péter …
-
Russia’s first oil refinery files for bankruptcy in another blow for Putin
27 Feb 2026 16:51 GMT
… profitability, and a decline in demand for refined petroleum products.
Contributing factors to … operating expenses, disruptions in international fuel trade, volatility in global … industry is navigating fluctuations in crude oil prices, sanctions, and trade …
-
After Russia, Iran slash oil prices for China as US threat looms
27 Feb 2026 15:10 GMT
… buyers as diverted cargoes overwhelm demand in Asia — even as … Iranian barrels long favoured by Beijing’s independent refiners.
Chinese refiners stretched, oil piles … as China Petroleum & Chemical Corp. have traditionally avoided Iranian crude and …
-
US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street
27 Feb 2026 15:34 GMT
… soar because of AI-related demand are weakening. Nvidia fell 1 … price for a barrel of benchmark U.S. crude oil rose 2.8% … flow of oil and drive prices higher.
Brent crude, the international … standard, rose 2.7% to $72.73 per barrel …
-
US stocks sink and oil prices rise as worries about AI, inflation and possible war hit...
27 Feb 2026 16:42 GMT
… soar because of AI-related demand are weakening. Nvidia fell 1 … price for a barrel of benchmark U.S. crude oil rose 2.8% … flow of oil and drive prices higher.
Brent crude, the international … standard, rose 2.7% to $72.73 per barrel …
-
Equities Under Pressure; Oil Swings on Iran Talks, Gold Firm – Comments from Century Financial
27 Feb 2026 18:01 GMT
… level of 1.177.
WTI crude saw strong volatility in the … of the market this week, oil prices are still higher for … be keenly watching a scheduled OPEC+ supply meeting on Sunday, as … gaining support from safe-haven demand as well. A structural supply …
-
Russia exports 238 million tonnes of oil by 2025, says Deputy Prime Minister
27 Feb 2026 14:59 GMT
… Russian exports of 480 million barrels a day or 240?million … international benchmarks to attract demand.
The Urals oil blend, which is the … discounts
Data shows that Brent crude has been the global benchmark … the gap to $10 per barrel. (Reporting and editing by …