global oil market

  1. Nigerians Confused by Dangote Refinery's Decision to Import Crude Oil From the United States

    Nigeria Nigerians Confused by Dangote Refinery's Decision to Import Crude Oil From the United States

    Dangote Refinery is set to import crude oil from the United States, a groundbreaking departure from its traditional reliance on Nigerian feedstock. According to reports from Bloomberg, traders familiar with the matter revealed that Trafigura Group has secured a deal to supply 2 million barrels...
  2. P

    Business Crude Oil Price Rises to $56

    Crude oil prices regained ground after the Saudi oil minister discussed the possible extension of a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh counterparts. U.S. crude was trading 36 cents firmer at 47.84 dollars a barrel, while Brent rose 22 cents to 56.00...
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