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    • Oil Exports

Oil Exports Newsletter
  • ‘India free to buy oil from any supplier’ 06 Feb 2026 09:21 GMT

    … supplier of oil and petroleum products to … refiners cannot fully stop the import of Russian crude. “The American shale oilexports 1.5 million to 2 million barrelscrude oil, which is converted into fuels like petrol and diesel, from overseas. Russian oil

  • Trump says India will stop buying Russian oil. That is easier said than done 06 Feb 2026 06:58 GMT

    … , the refiner, which processes 400,000 barrels per day (bpd) of crude, has … Indian refineries. This is because different crude grades are suitable for different petroleum … tightening Russia’s revenue from oil exports. Story continues below this ad …

  • How Iran Shapes Equation in Global Oil Markets? 06 Feb 2026 07:05 GMT

    … factor for oil prices. With crude output exceeding 3 million barrels per day … most underestimated risk to Iranian oil exports is not military conflict, but … . Roughly one-fifth of global oil exports pass through the narrow waterway …

  • Kenya to open new oil and gas blocks to investors in H2 2026 06 Feb 2026 09:42 GMT

    … investor withdrawals in the petroleum industry, including Tullow Oil’s sale of … , that is pipelines and refineries that make it easier to … of beginning commercial oil production and first exports from the Turkana … 20,000 to 50,000 barrels per day (bpd) before …

  • Can Foreign Investment Save Venezuela’s Broken Oil Sector? 06 Feb 2026 06:53 GMT

    … key export grade is known as Merey. This is a heavy crude oil … total output, from dilapidated refineries for use as diluent that … s petroleum production plummeting to historical lows of 500,000 barrels … to OPEC data for 2025, Merey averaged $56.68 per barrel, …

  • Ghana’s petroleum downstream strategy takes centre stage at Global Energy Summit 06 Feb 2026 07:17 GMT

    … domestic refining capacity, improving petroleum product distribution, safeguarding supply … African countries to refine more of their crude oil locally and retain … greater value within their economies, rather than exporting

  • Oil prices head for first weekly decline in almost two months ahead of US-Iran talks 06 Feb 2026 08:05 GMT

    … .2%, to $68.33 a barrel by 06:58 GMT (08 … crude rose 80 cents, or 1.3%, to $64.09 a barrelexport most of their oil through the strait, as does Iran, an OPEC … prices to around $50 a barrel by the end of 2026.

  • OFAC Authorizes Certain Venezuelan Oil Sector Activities Following Venezuelan Reform​ 06 Feb 2026 06:20 GMT

    … the viscosity of heavy Venezuelan crude, enabling its transportation and production … Government of Venezuela, including the petro" any transaction involving persons … person who exports, re-exports, sells or supplies Venezuelan-origin oil to countries …

  • Dangote gives reasons petrol may sell for N1,000/litre, offers solution 06 Feb 2026 09:14 GMT

    … noted that coastal delivery of petrol introduces multiple charges that do … that Dangote Petroleum Refinery has pushed back against claims by fuel marketers that … the local market while also exporting refined products, dismissing suggestions that it …

  • Oil heads for first weekly loss in seven weeks ahead of US-Iran talks 06 Feb 2026 07:01 GMT

    … a barrel at 0353 GMT, while the US West Texas Intermediate crude … 4%, at $63.54 a barrel. The benchmarks are down more … export most of their crude via the strait, as does their fellow OPECoil output which will help push oil prices lower, towards $50 per barrel

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