Prices of cooking oil could be buoyed up for years by stagnating production and a biodiesel push in top producer Indonesia that are making traditionally cheap palm oil costlier, eliminating an ...

Read More »

Oil prices steady as tariff concerns, OPEC+ output weigh on market

Last week marked WTI's seventh consecutive weekly loss, the longest losing streak since November 2023, while Brent fell for a third consecutive week ...

Read More »

Fuel price hike looms as NNPC stops naira-for-crude deal with Dangote refinery, others

Nigerians may soon experience another surge in petrol prices as the Nigerian National Petroleum Company (NNPC) Limited has reportedly halted its naira-for-crude deal with local refineries. ・NNPC has ...

Read More »

Oil Prices Start the Week Lower on Tariff Fallout

Crude oil prices began the week with losses due to trade tensions from tariffs, Saudi Arabia's price cuts, and weak Chinese economic data, indicating concerns about demand and supply.

Read More »

What Will Geopolitical Uncertainties Do To Crude Oil Prices?

The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level could soon be breached for a variety of ...

Read More »