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EU, G7 Weigh Ban on Maritime Services for Russian Oil Exports, End to Price Cap
06 Dec 2025 02:45 GMT
… ban on dealing with Russian crude and fuel not only at the … lower the cap on crude from $60 per barrel to $47.6 … per barrel in September 2025.
Russia exported 44% … of its oil in …
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Dangote assures of stable fuel supply ahead of Christmas
06 Dec 2025 05:44 GMT
… fuel queues in Nigeria “is gone forever,” assuring that petrol … the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) … .
“So, we must export. Even our neighbours won’ … barrels per day by 2028, overtaking India’s Reliance refinery, …
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EU, G7 plot full maritime ban to choke off Russian oil revenue: Report
06 Dec 2025 02:00 GMT
… on maritime services for Russian crude — a step that would … Moscow rerouted much of its crude to Asia on its own … per barrel in 2025.
Russia exported 44 per cent of its oil on … shadow fleet or accept curtailed export volumes.
Governments in Washington, …
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U.S. oil shows weekly gains amid rising tensions in Venezuela
06 Dec 2025 01:12 GMT
… escalation will drive prices higher. OPEC+ has agreed to keep production … 1.1 million barrels of crude oil per day that Venezuela exports mainly to … China.
As Ukrinform reported, oil …
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EU, G7 weigh ban on maritime services for Russian oil exports
06 Dec 2025 00:57 GMT
… a price cap on Russian oil exports with a full maritime services … said.
Russia exports over a third of its oil in Western tankers … other two-thirds of exported Russian oil goes out in a fleet … ban on dealing with Russian crude and fuel, not only at the …
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‘No more petrol scarcity, fuel queues are now history’ – Dangote assures Nigerians of smooth yuletide as Refinery boosts output
06 Dec 2025 00:56 GMT
… Refinery has officially informed the Nigerian Midstream and Downstream Petroleum … 50 million litres of petrol daily—more than enough … consumption.
“So, we must export. Even our neighbours won’t … President Tinubu’s Naira-for-crude initiative, describing it as …
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Putin Promises India ‘Uninterrupted’ Oil and Joint Weapons Production
06 Dec 2025 00:13 GMT
… continue uninterrupted shipments of fuel for the fast-growing … sanctions pressure. India’s crude oil imports are projected to hit … as well as subsequent export to mutually friendly third … purchasing gigantic amounts of Russian oil.
“We welcome all efforts …
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Yuletide: Dangote assures Nigerians of stable fuel supply
06 Dec 2025 00:03 GMT
… refinery has formally notified the Nigerian Midstream and Downstream Petroleum … exports to neighbouring countries, reducing the incidence of fuel … the recent drop in petrol and diesel prices to … administration’s naira-for-crude initiative, describing it as …
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NNPC serviced $3bn loan with N991bn crude – Report
05 Dec 2025 23:51 GMT
The Nigerian National Petroleum Company Limited has … deliver 90,000 barrels of crude oil per day from … refinance older debts, fund refinery rehabilitation, support cash flow, … arrangements for government revenue, export allocation, and operational flexibility. …
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Heavy Crude Prices Could Surge as U.S.-Venezuela Tensions Escalate
05 Dec 2025 23:36 GMT
… Venezuela’s heavy crude—the bulk of Caracas’ crude exports, according to Rystad … 1.1 million barrels per day (bpd) of crude oil at present. If … shift Chinese and U.S. refiners toward alternative heavy grades across …