Nigerian authorities arrested 16 suspects and seized 63 illegal refineries across the country in a week-long operation aimed at combating crude oil theft, which has plagued the oil industry for years.

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Lokpobiri, Dangote Endorse Nigerian Crude Oil Refining Summit

The Crude Oil Refinery-owners Association of Nigeria (CORAN) said it is committed to advancing the interests of Nigeria’s refinery owners and operators even as the association advocates policies that ...

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Crude oil futures trade lower on China demand concerns

Crude oil futures traded lower on Monday morning due to concerns over demand for the commodity in China. At 9.55 am on Monday, October Brent oil futures were at $79.59, down by 0.11 per cent, and ...

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Crude Oil Prices Ease on China Demand Fears, Focus on Mideast Talks

Brent crude futures dropped 13 cents, or 0.2%, to $79.55 per barrel by 0032 GMT. U.S. West Texas Intermediate crude futures slid 13 cents, or 0.2%, to $76.52 a barrel.

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Azerbaijan's export dynamics: Crude oil & trade performance in H1 2024

Azerbaijan's export profile has undergone notable changes, reflecting broader economic trends and shifts in global demand. According to customs declarations, Azerbaijan exported 14.696 million tons of ...

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