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 ...
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 ...
The U.S. expects crude production to grow by just 320,000 ... The trajectory of U.S. oil production has become a key factor for market participants gauging balances for next year, particularly ...
The company, which has endured months of crude supply woes, would reportedly commence production at its two Niger Delta upstream projects in Oil Mining Leases 71 and 72, starting with about 20,000 ...