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How will Israel and US’ strike on Iran disrupt global oil and gas trade: Explained
28 Feb 2026 09:10 GMT
… the Petroleum Exporting Countries, pumps about 4.5 per cent of global oil … about 3.3 million barrels per day of crude, plus 1.3 … say Saudi Arabia and other OPEC members could compensate for a …
Who buys Iran’s oil?
Chinese private refiners are the main buyers …
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From $68 to $100: Analyst decodes how diplomatic talks may sway oil prices
28 Feb 2026 08:39 GMT
… “red lines”—continues to fuel a deep-seated mutual mistrust … suppliers like Saudi Arabia.
Crude oil outlook
As the focus shifts … downside would be limited by Opec+ discipline, with a probable … 6–3.3 million barrels per day of exports would likely add …
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UK backs maritime services ban on crude oil, refined products
28 Feb 2026 07:52 GMT
… services ban on Russian crude oil and refined products, even without US … the import of fuels made from Russian oil, mirroring a significant … and Turkey, refined, and returned to Europe as fuel, in a … over 80% of Russia’s crude exports, effective from April 9 …
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US and Japan unveil $36bn of oil, gas and critical minerals projects
28 Feb 2026 05:56 GMT
… also invest in a deepwater crude oil export facility off the coast of … reduce US tariffs on Japanese exports including cars.
“The scale … recent months to restrict some exports of rare earths to … reported on Wednesday that its exports rose almost 17% in …
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Druzhba Oil Pipeline Halt Raises Regional Concerns
28 Feb 2026 08:08 GMT
… partner countries stopped receiving oil through the Druzhba pipeline. … . Hungary initially halted diesel exports to Ukraine, and later … supplies without using Russian fuel. According to experts, … Ukraine publicly considered directing oil through the port of …
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Around 63 Million Tons of Kazakh Oil Transported via CPC Pipeline in 2025
28 Feb 2026 08:09 GMT
… 63 million tons of Kazakh crude oil were transported in 2025 via … 70.52 million tons of oil last year. Of this volume … -thirds of Kazakhstan’s oil exports, as well as crude from Russian Caspian …
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Thursday's Oil Losses Become Friday's 2% Gain On The Same Iran Fears
28 Feb 2026 04:59 GMT
… percent, at $72.48 per barrel; West Texas Intermediate settled up … Dhabi will export more of its flagship Murban crude in April and … will average $60.38 per barrel, up from $58.72 expected … the price of oil is about $4-$10 per barrel, analysts say.
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Drone attack sparks fire at oil refinery in southern Russia, officials say
28 Feb 2026 04:47 GMT
… a developing story.
An oil refinery in the village of Novominskaya … was the Albashneft "mini-refinery" in Krasnodar Krai…
Ukrainian forces consider Russian oil assets to be legitimate … while profits from fossil fuel exports continue to fund the …
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3 years after, silence at Kolmani oil field
28 Feb 2026 04:39 GMT
… Petroleum Company Limited (NNPC) announced a breakthrough: the discovery of crude oil … a 120,000-barrel-per-day refinery, a gas processing … This development continues to fuel debate regarding political will … cure to a refinery or export terminal in the …
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How America’s Action in Venezuela Guaranteed Guyana’s Oil Future
28 Feb 2026 04:00 GMT
… emerge as a major oil producer and exporter. There is considerable production … country was lifting 914,730 barrels of crude oil per day, all of … non-OPEC countries driving global oil supply. This notable increase in petroleum output …