Brent gained more than 8% last week while WTI also surged over 9% on fears that Tel Aviv may hit Iranian oil infrastructure in retaliation to Tehran's missile attack on Israel on October 1.

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Dangote’s Nigerian Crude Grab to Shake Up Atlantic Oil Markets

Dangote oil refinery is due to take in up to 400,000 barrels a day of Nigerian crude over the coming two months as Africa’s largest plant transforms the region’s import and export markets.

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Nigeria to begin selling crude oil in local currency

Africa's oil and gas-rich country's announcement comes after several nations began selling oil and gas in local currencies following outbreak of Russia-Ukraine conflict in February 2022 - Anadolu Ajan ...

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Upside risks to crude prices have increased: BCA

The risks of a spike in crude oil prices have increased, as per analysts at BCA Research. While BCA maintains a cyclical outlook that crude prices are likely to weaken over the next six to nine months ...

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Oil prices dip after strongest weekly rise in over one year

Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid mounting threats of a region-wide war in the Middle East.

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