Who will fund Rosneft’s $157bn mega oil project?
The head of Russia’s largest oil firm, Rosneft, has pitched a massive Arctic oil project to Japanese companies in Tokyo, ...
Thursday, March 26, 2026
Tag: Oil prices
Surprise crude oil build threatens oil rally
The American Petroleum Institute (API) has estimated a crude oil inventory build of 1.41 million barrels for the week ending ...
Russian oil major returns to Libya after 5 year break
The National Oil Corporation of Libya has announced that Russia’s Tatneft has returned to its exploration project in the North ...
Oil set for big weekly gains as OPEC+ agrees on deeper output cuts
Oil prices rose on Friday and were on track for weekly gains as a meeting of OPEC and its allies ...
Saudi Aramco targets top end valuation of $1.7trn
Saudi Arabia’s oil giant Aramco is assessing setting the final offer price of its initial public offering at the top ...
Oil prices to average $62.50 in 2020 as oversupply to persist
Uncertainty over global economic and oil demand growth will continue to weigh on oil prices next year as the oversupply ...
Oil prices gain 2% despite rising supplies concerns
Oil futures gained nearly 2% on Friday as comments from a top U.S. official raised optimism for a U.S.-China trade ...
OPEC, allies face ‘major challenge’ from competitors’ surging output- IEA
The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said ...
US – China trade war sees oil price slip again
The continued trade war between the world two trade giants; US and China on Friday saw crude oil futures fall ...
NNPC saves over $3bn from arbitration
By Moses Obajemu The Nigerian National Petroleum Corporation has saved over $3bn from arbitration, Mele Kyari, the oil firm’s group ...
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