The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...
0530 GMT — Brent crude oil’s upward momentum seems to be building, based on charts, says Quek Ser Leang, markets strategist of UOB’s Global Economics & Markets Research, in a research report.
According to recent data from the U.S. Energy Information Administration (EIA), crude oil production in the United States set an all-time record in August of this year, rising to a historic ...
Crude Oil trades steady on Thursday after ... though it is possible to see supply disruptions and extended delays until the oil production in the region could restart. Libya’s oil utility ...
Amid feedstock challenges, the Dangote Group, owners of the Dangote Petroleum Refinery, will commence crude oil production in the first quarter of next year. A senior official of the $20bn Lekki ...
In what might, understandably, sound as unwelcome news for the oil sector and the economy, the projected start date for commercial oil production ... for the East African Crude Oil Pipeline ...