Crude oil prices saw a minor increase today when the U.S. Energy Information Administration reported an oil inventory build of 500,000 barrels for the week to January 20
The Nigerian Upstream Petroleum Regulatory Commission has revealed that crude oil production in Nigeria rose to 1.235 million barrels per day in December 2022, representing the highest output since March when the country produced 1.237mbpd.
Crude oil production in the United States stayed the same at 12.1 million bpd in the week ending July 29, according to the latest EIA data.
prices of petroleum products on the local market will see the biggest reduction in the next pricing window on August 15th, 2022.
Out of it, $544.61 million was realised from crude oil liftings in the first five months of 2022
The world consumes approximately 100 million barrels of crude oil per day or 36.5 billion barrels per annum
Management of the Tema Oil Refinery (TOR) has announced that the Ministry of Energy (MoE) has permitted the Oil Company to negotiate a lease agreement to refine crude oil with a private investor, Decimal Capital Ltd
Kudus Mohammed, says Ghana currently has a one month supply of crude oil in storage capacity.
Drivers in northeast England are feeling the biggest crunch, while Londoners are using less of their wages than rest of the country.
The number of total active drilling rigs in the United States rose by 6 this week, after drilling increases stalled out in the week prior, according to new data from Baker Hughes published on Friday.