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Standard Bank seeks Sh309 billion for Uganda pipeline

“Tanzania offered several concessions to make the pipeline profitable inspite of the falling global crude oil prices,” said Museveni. The earlier …

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<b>Oil</b> prices can fall below $40 due to global supply glut

Even a 1.8 million barrel a day output cut by the Opec, plus Russia, and other global oil producers has been insufficient to rebalance the world crude …The post <b>Oil</b> prices can fall below $40 due to global supply glut appeared …

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Shell Raises Alarm Over Occupation Of Belema Flow Station

The Belema flow station produces about 35 barrels of crude oil per day. SaharaReporters learned that the protesters have vowed to continue their …The post Shell Raises Alarm Over Occupation Of Belema Flow Station appeared first on crude-oil.news…

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Fuel prices inch lower as <b>oil</b> market turns bearish

The refiner said the average cost of its crude oil fell to US$49.73 per barrel this week from US$51.19 a week earlier, as fears remained over a supply …The post Fuel prices inch lower as <b>oil</b> market turns bearish appeared first…

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No element of fraud in fuel price determination: Hamzah

Negri Sembilan PKR chairman, Aminuddin Harun was quoted as saying that such a situation showed the dip in global crude oil prices did not have …The post No element of fraud in fuel price determination: Hamzah appeared first on crude-oil.news.
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It is time we go back to farming – Aregbesola

“Our major economic product, crude oil, will soon become unpopular as it is evident that in the next 25 years, there will no longer be a serious …

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Weekly <b>Oil</b> Markets Recap – Global <b>Oil</b> Storage Set To Fall Further

Global crude storage set to fall further as the upcoming refinery turnaround season will be lower than the year before. OPEC export decrease …

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