Wednesday, February 11, 2026
W. African oil to China slides to 9-month low in June, India offsets
China's West African crude oil loadings are on track to slide to a nine-month low in June as buying in the key...
Read moreDetailsWorld Bank to provide Senegal $29 million to bolster oil sector
The World Bank will provide $29 million to help Senegal as it negotiates oil and gas contracts with producers, it...
Read moreDetailsNigerian Senate votes to halt Eni’s Port Harcourt refinery deal
Nigeria's Senate voted on Tuesday to halt a concession agreement with the local unit of Italian oil firm Eni to...
Read moreDetailsOil fell on oversupply worries despite OPEC deal
Oil prices fell on Tuesday on concerns that output cuts by the world's big exporters may not be enough to...
Read moreDetailsOPEC is falling short on its promise to do ‘whatever it takes’ to stabilize oil prices
Few days back, 25th March, Â OPEC met market expectations by extending the OPEC and non-OPEC crude oil production cuts enacted...
Read moreDetailsOPEC ponders how to co-exist with U.S. shale oil
First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas....
Read moreDetailsOil traders punish OPEC for promising too much
As OPEC's latest meeting wrapped up in Vienna on Thursday night, ministers congratulated each other on its rare spirit of...
Read moreDetailsNigeria LNG launches three-cargo sell tender – sources
Nigeria's liquefied natural gas (LNG) export facility has launched a tender to sell three cargoes loading during June, trade sources...
Read moreDetailsOPEC disappointment hits oil, stocks; sterling down on UK vote jitters
Oil prices weakened on Friday, prompting a move away from riskier assets and depressing Asian stocks, after an OPEC agreement...
Read moreDetailsOPEC considering whether to cap Nigerian oil output – delegates
OPEC is debating on Thursday whether to include Nigeria in its pact to restrict oil production, two OPEC delegates said....
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