News

Crude Oil Prices Predicted to Rise Amid Tensions Over US Strikes on Iran, Threat to Hormuz Strait
Analysts now predict prices could rise $3 to $5 per barrel when trading resumes Sunday night., World News News - Times Now ...
Legit.ng on MSN6h
Aliko Dangote reveals the reasons for importing crude from the US
The Chairman of the Dangote Group, Aliko Dangote, has explained that the shortage of domestic crude oil supplies is the ...
Oil Hedging Volumes Hit New Records as US Producers Rush to Lock in Soaring Prices
Aegis Hedging, which handles hedging for roughly 25-30% of U.S. output, according to internal estimates, saw a record volume ...
America’s economy faces a potential war shock: Surging oil prices
The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three nuclear facilities in Iran.
Iran To Close Oil Corridor Key For India's Crude Import - Why New Delhi is Unlikely To Lose Sleep
Iran's parliament has authorised the closure of the Strait of Hormuz in response to US airstrikes on its nuclear facilities, ...
Iran's parliament votes to close Strait of Hormuz after US attack: 20% of oil passes through it
The war in the Middle East is becoming more and more intense and this means that not only the countries involved suffer ...
US crude inventories fall by most in a year, fuel stocks build, EIA says
U.S. crude oil stockpiles fell sharply last week, posting their largest decline in a year, while gasoline and distillate inventories rose, the Energy Information Administration said on Wednesday.