Shell’s exit from Nigeria’s onshore oil sector highlights risks oil majors face in Africa’s biggest exporter but has raised hopes
World economic growth in 2025 is forecast at 2.8%, which points to an improving trend compared to this year’s expected level of 2.6%. Supporting this is an anticipated recovery in OECD economies from low growth in 2024. Non-OECD economies –
Russia’s Urals oil price rose above the $60 a barrel cap imposed by Western nations on Monday as Brent climbed,
Middle East crude benchmarks Oman, Dubai and Murban rose at the start of the week, buoyed by heightened geopolitical risk
Asia’s middle distillates markets were mixed as thin spot physical trading liquidity for gasoil persisted, despite a jet fuel physical
Dutch and British wholesale gas prices registered gains on Monday morning on concern over U.S. liquefied natural gas (LNG) supplies,
Offers for Nigerian crude were higher than previously heard on Monday on solid demand, while Angolan Girassol was being offered
Asia’s naphtha markets gained further on Monday after a naphtha tanker owned by Trafigura was hit by attacks in the
Less than 5% of North Dakota’s oil output remained shut in due to extreme cold weather and operational challenges, the
U.S. natural gas futures plunged about 10% on Monday in light trade ahead of contract expiration on an extended outage