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    • Oil Exports

Oil Exports Newsletter
  • Petrol to hit N1,000/litre as crude crosses $70 — Marketers 31 Jan 2026 02:08 GMT

    … in crude oil prices on the international market. Fuel marketers … Petroleum Refinery raised petrol prices from N739 to N839. Also, oil … the biggest crude producers of the Organisation of Petroleum Exporting Countries. … at $70.71 a barrel, while US West Texas …

  • Petrobras scoops up multibillion-dollar oil deals in India 30 Jan 2026 22:37 GMT

    Petrobras has sealed oil sales agreements with Indian Oil Corporation (IOC), Bharat Petroleum … of our portfolio of oil export clients. We are … s largest state-owned refiner, the new contract is … from 6 million barrels to 18 million barrels. Petrobras added: “ …

  • PM unveils major relief for industry, export sectors 31 Jan 2026 02:01 GMT

    … investment (FDI) in export-oriented projects, stressing that … immense hardship for investors, exporters, and the business community … also controlled smuggling of petroleum products which helped … reforms, privatization, and export promotion, terming the progress …

  • China offers Indian exporters helping hand amid Trump tariffs 31 Jan 2026 01:13 GMT

    … India’s purchases of Russian oil. India has a significant … reflecting strong Chinese demand for petrochemical feedstocks. Electronics also showed “unusually … “a well-diversified and resilient” export footprint. “This diversification is particularly …

  • Venezuela Approves Pro-Business Oil Reform as Trump Issues New Sanctions Waiver 31 Jan 2026 01:33 GMT

    … purchase and market Venezuelan crude while demanding that contracts … of the Venezuelan oil industry by administering crude transactions. Proceeds from … including financial sanctions and an export embargo, in an effort … in the Venezuelan petroleum sector.

  • Trump’s Cuba oil tariff threat creates new diplomatic challenge for Mexico’s Sheinbaum 30 Jan 2026 22:52 GMT

    … violation of Mexican sovereignty. Mexican crude has taken on a new … with about 20,000 barrels a day of oil for much of … sources for Cuba include the oil-exporting nations of Russia, Angola, … s attempt to halt Mexican oil exports to Cuba. But more conservative …

  • Market Outlook: Chevron and Exxon earnings slide amid oil price pressure 30 Jan 2026 23:40 GMT

    … comes down to commodity prices. Crude oil generally traded lower through 2025 … of about 2.5 million barrels per day by 2030. … finally, the largest U.S. exporter of natural gas. BRIAN: … The company continues to expand export capacity without issuing new equity …

  • Week Ahead Highlights: Central Banks in Focus, US Jobs Data, PMIs, OPEC Watch 31 Jan 2026 00:58 GMT

    OPEC MEETING (SUN): OPEC+ is widely expected to keep its pause on oil … still-soft underlying demand. Export orders fell at the fastest … higher new business inflows. Export demand weakened sharply, with … services exports falling at the fastest …

  • Asean could lead in sustainable aviation fuel production by 2050 31 Jan 2026 00:02 GMT

    … 8.5 million barrels per day of sustainable aviation fuel (SAF) by … in” fuel. Asean’s key SAF feedstocks include used cooking oil, … position themselves as net SAF exporters. Vietnam, Thailand, Indonesia, Malaysia … 2030 to over 700,000 barrels per day by 2050. …

  • Trump’s threatened tariffs over oil to Cuba put Mexico in a bind 31 Jan 2026 00:44 GMT

    … Sheinbaum, who has previously described oil exports as “a sovereign decision” … from a dwindling supply of fuel. Cuban officials have said … a lack of electricity and fuel to run generators. Cuban … a “total blockade” on fuel supplies. Mirroring the language of …

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