Image

crude

Coronavirus and oil: Why crude has been hit hard
10 months ago

Coronavirus and oil: Why crude has been hit hard

The world’s biggest oil producers could be about to slash output as they grapple with the fallout of the coronavirus.

Representatives of oil producers’ cartel Opec and its allies are …
Read More

Heavy, heavy fuel
2 years ago

Heavy, heavy fuel

Institute of Petroleum (AIP), the national average retail diesel petrol price rose by 1.6 cents to 160.4 cents a litre over the week – the highest level in four years. …
Read More

Crude drops below $US50 a barrel on worries about rising global supplies

By Mark Shenk, 21 July 2015

Crude slumped below $US50 a barrel in New York for the first time in more than three months on speculation that Iranian shipments will …
Read More

US production moves could fuel oil prices

By  •  Advocacy, Supply

Something of a paradox is developing in the US onshore oil and gas sector. Even as the number of rigs drilling for shale oil and gas declines the actual volumes …
Read More

One of the world’s largest oil producing countries is running out of gasoline

By  •  Advocacy, Supply

One of the world’s largest oil producers is running out of gasoline.

Nigeria’s main cities are facing acute gasoline shortages as importers feel the pinch of a plummeting local currency, …
Read More