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Ghana commits to importing fuel from Dangote refinery
05 Feb 2026 10:18 GMT
… as the 650,000 barrels-per-day refinery says it has sufficient … small refineries lack the capacity to meet the country’s domestic fuel demand … will continue to import both crude oil and refined petroleum products from Nigeria.
He …
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Kuwait Eyes 4 Million Bpd Oil Production Capacity by 2035
05 Feb 2026 17:56 GMT
… million bpd now, Kuwait Petroleum Corporation’s CEO and deputy … below $10 per barrel of oil, while global oil demand will stay at … oil company has told CNBC Arabia.
Kuwait, a founding member of OPEC … model of Kuwait’s domestic crude oil pipeline network, the …
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Ringside: Can California’s Oil Industry Survive?
05 Feb 2026 16:28 GMT
… 70 percent to 119 million barrels. Demand also fell, but only by … refinery in Long Beach. These two refineries together processed 104 million barrels of crude oil … decades, if ever, before petroleum-based fuel can be completely replaced in …
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India’s Top Refiner Cashes In as Oil Prices Slide
05 Feb 2026 17:56 GMT
… per barrel from a year earlier.
Indian Oil and other major refiners in … of refiners.
Total fuel demand in India, the world’s third-biggest crude oil importer … jumped to $8.41 per barrel, more than double compared to …
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Russian oil sellers cut prices in China to attract demand as India wavers
05 Feb 2026 15:27 GMT
… on how and when.
Future Demand Outlook
A halt by India … ;s Russian oil imports peaked around 2 million barrels per day last … its limit for Russian crude imports if state refiners continue to sit … more demand as CNPC plans to restart a unit at its refinery …
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Oil falls more than 1% on easing supply concerns after US, Iran agree to talks
05 Feb 2026 15:12 GMT
… per barrel at 1154 GMT. U.S. West Texas Intermediate crude was … between Oman and Iran. Other OPEC members, Saudi Arabia, the United … supply side, discounts on Russian oil exports to China widened to … week to attract demand from the world’s top crude importer and …
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Oil falls 3% on easing supply concerns after US, Iran agree to talks
05 Feb 2026 16:43 GMT
… between Oman and Iran. Other OPEC members, Saudi Arabia, the United … supply risks and more Venezuelan barrels heading to the U.S … supply side, discounts on Russian oil exports to China widened to … prices to attract demand from the world’s top crude importer and …
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Brent Crude Falls Below US$68 on Iran Nuclear Talks Confirmation
05 Feb 2026 16:45 GMT
… crude futures dropped more than 2 percent below $68 per barrel … regional conflict could disrupt oil supplies.
Iranian Foreign … crude inventories fell by 3.5 million barrels to 420.3 million barrels … 489,000-barrel rise, signaling stronger demand.
Oil prices had …
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Clean Cosmetics: Savor Confronts Beauty’s Palm Oil Problem with Carbon-Derived Fats
05 Feb 2026 14:17 GMT
…
The ubiquitous use of palm oil in cosmetics formulations is an … can replace butter and palm oil.
It has already launched … on tropical fats like palm oil, which is linked to … of petroleum.
“When we mapped our molecular output against market demand, the …
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United States imposes sanctions on illegal oil traders, citing support for the Iranian population
05 Feb 2026 14:02 GMT
… global politics and growing public demand for financial transparency and accountability … stock markets, such as the crude oil market, have become increasingly responsive … of dollars’ worth of Iranian petroleum products. These shipments have historically …