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Economic Worries Push Brent Crude Prices near Seven-Month Lows
Brent crude prices remained near a seven-month low on Monday despite ongoing geopolitical tensions in West Asia, as global market...
Read moreUranium Miners Say Australia Is Missing Nuclear Fuel Boom
As global demand for uranium surges due to a renewed interest in nuclear energy, explorers are calling on Australian state...
Read moreUsing Drones and AI to Fight Oil Theft, Says Expert
In response to the mounting crisis of oil theft, which has severely impacted national revenues, Mr. John Aondoaseer, a prominent...
Read more1.7 Million Bpd of Crude Oil Produced Daily
The Joint Taskforce Operation Delta Safe (OPDS) has reported a significant milestone in crude oil production, with daily output hitting...
Read moreOil Falls Amid Deflation of Us Rate Cut Hopes, OPEC+ Decision
NEW YORK — Oil prices fell slightly on Friday, marking their third consecutive weekly loss as investors weighed the impact...
Read moreWeaker Crude, Firmer Ringgit Weigh on Palm Oil
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange fell by 45 ringgit, or 1.15%,...
Read moreNigeria Loses $1,000 per Barrel of Exported Crude, Says Institute
The Institute for Energy and Extractive Industry Law has reported a significant financial setback for Nigeria’s oil industry, revealing that...
Read moreFor the First Time in Months, Saudi Aramco Raises Oil Prices
Saudi Aramco has raised the official selling prices of its light crude for Asian clients for the first time in...
Read moreOil Prices near Eight-Month Lows as Recession Fears Overtake Middle East Conflict; Brent down 5% in August
Crude oil prices extended their downward trajectory as trading commenced on Monday, continuing a steep decline that began on Friday....
Read moreOil Rallies on Fears of Supply Disruption
Crude oil futures experienced an uptick on Monday morning as heightened tensions in West Asia stoked fears of potential disruptions...
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Investing in stocks is one of the most effective ways to build long-term wealth. However, for beginners, the world of...
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Crude oil is one of the most important natural resources on Earth, and its price has significant global economic implications....
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The transformation of crude oil into various useful products takes place in an industrial facility known as a refinery. This...
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