Oil sank after the US and Iran agreed to an interim deal to end their months-long war, potentially allowing the Strait of Hormuz to fully reopen and easing a...
The Dangote Petroleum Refinery has stepped up purchases of Nigerian crude as overseas buyers pull back from some West African grades amid uncertainty surrounding Middle East oil supplies. The...
Oil prices plunged in early Monday trading in Asia after the U.S. and Iran announced a deal to reopen the Strait of Hormuz more than 100 days after its...
Korea’s exports surged to a record high in the first 10 days of June, driven by a more than threefold increase in semiconductor shipments. Exports totaled $28.6 billion from...
Global economic growth will slow to 2.5% this year as a result of the war in the Middle East – the weakest since the Covid pandemic – as inflation...
According to data from energy intelligence firms Vortexa and Kpler cited by Bloomberg, U.S. refiners have significantly increased diesel and gasoline shipments to Africa in recent months, making the United...
By current estimates, this denotes that the Southern African country would be producing more than 400,000 ounces of gold annually, given its current output of 220,000 ounces. The state...
The US government just rolled out the welcome mat for oil companies eyeing Venezuela’s vast crude reserves, but the mat comes with a lot of fine print. Through a...
Foreign investment in the US jumped in 2025 after falling for four years in a row, a possible result of companies rushing to minimize exposure to President Trump’s tariffs....
Despite the Hormuz crisis, Japan has secured the same volumes of oil imports for July as it did a year ago, as it is boosting imports from producers not...