Nigeria’s crude export to the United States increased from 358,000 barrels per day to 364,000 bpd after the Dangote Petroleum Refinery reduced its daily fuel production between April and May ...

Their average operational cost per barrel is $45, and firms “need $65 per barrel on average to profitably drill,” the Fed notes. The WTI was at $63 a barrel as of Tuesday. The amount of debt ...

which was when Brent futures last traded close to $100 a barrel. The strategic reserves are held by the Strategic Fuel Fund Association, a ring-fenced unit of the company Moagi leads.