Oil trading is one of the most dynamic and challenging forms of commodity trading. While the basic concept of buying…
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Petrol, also known as gasoline, is a transparent, petroleum-derived liquid that is used primarily as a fuel in internal combustion engines. Petrol is a highly flammable liquid that is refined from crude oil and used as a fuel for vehicles, airplanes, boats, generators, and other engines. It is one of the most widely used fuels in the world due to its high energy density and relatively low cost.
Oil trading is one of the most dynamic and challenging forms of commodity trading. While the basic concept of buying…
The expansion of the Trans Mountain pipeline (TMX) was eagerly anticipated by U.S. West Coast refiners. The pipeline, which was…
Shares of Occidental Petroleum have fallen below $56, leading to speculation about whether Warren Buffett’s Berkshire Hathaway will intervene, as…
August 22 (Reuters) – Oil prices continued their decline for the fifth straight session on Thursday, driven by worries about…
Abuja — Heineken Lokpobiri, Nigeria’s State Minister of Oil, has asserted that the country’s daily crude oil production, including condensates,…
Crude oil prices increased today after the U.S. Energy Information Administration (EIA) reported a significant drop in oil inventories for…
Two decades ago, China introduced the “Angola model,” offering oil-backed loans to Angola and other African countries for infrastructure projects…
Crude oil inventories in the United States experienced a slight increase this week, rising by 347,000 barrels for the week…
This week, Texas is bracing for its largest power generation challenge as temperatures soar to 105-110°F. The intense heat is…
Nigeria’s crude oil production increased to 1.307 million barrels per day (bpd) in July, according to the latest monthly oil…
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