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    • Oil Exports

Oil Exports Newsletter
  • Europe’s Shift to U.S. Crude Fuels NYMEX WTI Benchmark Growth 02 Feb 2026 02:54 GMT

    refiners buying higher volumes of North American crude grades. The push to export crude oil … quantity of road transport fuels such as diesel … of which are important fuels used in the European … million barrels per day. Crude production in the crucial Petroleum

  • India looks to tap Canada to meet growing appetite for crude, LPG, LNG 02 Feb 2026 02:34 GMT

    … increasing production and exports of crude oil to markets in … the area of energy fuels. In this context, … LPG, and crude oil to India, and supply of refined petroleum products from … , biofuels and sustainable aviation fuel; battery storage; critical minerals …

  • Guyana’s Economy Set for Major Oil-Driven Growth in 2026 02 Feb 2026 02:26 GMT

    … cranking out oil – it’s set to average 840,000 barrels per … heard it right –840,000 barrels, which is enough to make … by boosting oil production capacity to over 900,000 barrels per day … snagging the fifth slot for crude oil exports in the region, trailing only …

  • Reassessing oil in Uganda 02 Feb 2026 02:54 GMT

    Oil Company, the Uganda National Oil Company, and the Tanzania Petroleum … port of Tanga for oil export. Oil has long been touted … production liquid fuels and derivative products, such as petrochemicals and … could arise from the oil refinery with a range of …

  • Oil revenue reels as NNPC remittance to FAAC drops by 86% 02 Feb 2026 03:27 GMT

    … , such as persistent crude oil theft in the Niger … crude oil production has languished below its Organisation of Petroleum Exporting … consistently exceed 1.5m barrels. “The infrastructure decay … The government has removed fuel subsidies, floated the naira, …

  • Two things OPEC+ can't control. Trump and China imports: Russell 02 Feb 2026 04:57 GMT

    … gripping crude oil markets it made sense for the eight members of OPEC … moving in favour of the exporter group. Prices are up, but … a record 13.18 million barrels per day (bpd) in … subtracting refinery processing. On this basis China's surplus crude was …

  • Oil cash, foreign funds boost Nigeria’s reserves by $66m in January Feb 02, 2026 02 Feb 2026 04:55 GMT

    … combination of firmer global crude oil prices, intermittent portfolio … OPEC+’s decision to pause planned production increases. The benchmark crude … averaged $69.8 per barrel in … that crude oil accounts for the bulk of export revenues. …

  • Venezuela Sends First-Ever Export Cargo of Liquefied Petroleum Gas 02 Feb 2026 04:41 GMT

    … Ever Export Cargo of Liquefied Petroleum Gas Venezuela Sends First-Ever Export Cargo … of Liquefied Petroleum Gas … invites-china-to-purchase-venezuelan-oil---trump-1123559000.html venezuela Sputnik …

  • Oil Ministry Reviews Progress at Gas Growth Integrated Project (GGIP) 02 Feb 2026 04:49 GMT

    … John Lee. The Ministry of Oil has reviewed progress on the … partnership with QatarEnergy and Basra Oil Company (BOC). The visit covered … to 120,000 barrels per day. The Artawi-PS1 export pipeline project … local companies. (Source: Ministry of Oil)

  • Oando records N3.2tn revenue amid oil production surge 02 Feb 2026 01:19 GMT

    … cent increase in crude oil production to 11, … in crude oil cargoes traded, rising to 26 crude oil cargoes … refined-product trading in favour of higher-margin crudepetrol importation toward higher-margin crude and gas opportunities. We expanded global exports

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