Strong demand for oil products is helping to drag oil prices higher.
in a stock-and-debt deal worth 7.6 billion, adding 260,000 b/d of oil equivalent in output.
that OPEC+ will remain proactive and that oil speculators betting on prices to fall will be “ouching” again just as they did in April if they don’t mend their ways. calls for more gas investments in the West to phase out dependency on Russian energy, angering climate activists that think the group is using the Ukraine war as an excuse for more fossil fuels.
the ranks of the oil group as the country’s previous problem – exceeding agreed production quotas – became irrelevant as production started to stagnate. Nigeria’s outgoing president Muhammad Buhari commissioned the 650,000 b/d Dangote refinery – set to become the continent’s largest and at a cost of 19 billion also the most expensive – but its real start-up is expected in late 2023, at best.
a larger stake in the upcoming IPO of its logistics and shipping unit L&S, potentially raising up to $800 million from the public offering. SPGP, the largest oil union in Argentina, representing 25,000 workers in the country’s Vaca Muerta shale play, an indefinite strike to demand better working conditions, triggered by another incident that resulted in a worker’s amputated arm.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rodrigo equals stats of Man Utd and Liverpool stars before Rice boosts EvertonLeeds United added some spice to the Premier League relegation battle by drawing first blood in their clash versus West Ham. However Declan Rice quickly answered back for the Hammers, as he fired h…
Read more »
JPMorgan boosts income outlook following First Republic deal\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Read more »
Alicia Vikander's new movie Firebrand gets strong first reactionsTomb Raider Alicia Vikander's new movie Firebrand gets strong first reactions
Read more »
Driving expert shares aircon hack for saving money on fuel this summerThere are some simple ways in which drivers can slash the cost of their fuel whilst on the roads.
Read more »
JYNNEOS vaccine shows strong effectiveness against Mpox in New York outbreakIn the recent Morbidity and Mortality Weekly Report (MMWR) published by the Centers for Disease Control and Prevention (CDC), researchers reported on JYNNEOS vaccine effectiveness (VE) against Mpox infections among New York (NY) residents in 2022.
Read more »
Distressing Malpractice ending has viewers issue demand to ITVMalpractice viewers have issued a demand to ITV after the Leeds drama's ending Malpractice
Read more »