"It is quite alarming that illegal deals with China cost Nigeria USD 2.4-billion revenue loss from the sale of stolen 48 million barrels," Nigeria's Speaker of the House of Representatives Femi Gbajabiamila said in Abuja on Tuesday, at the opening of the ad hoc committee set up to probe the
Russia's supplies by sea grew by 0.6 million barrels per day to 8.1 mn barrels per day, the agency said, adding that deliveries of petroleum products rose by 450,000 barrels per day month-on-month to 3.1 million barrels per day.
Mumbai (Maharashtra) [India], April 13 (ANI/PRNewswire): The unveiling of the unique first of its kind Hair Oil 'Kalimera Gold' with 24K certified Gold (known for a multitude of beneficial health properties for centuries) was recently announced by India's growing nutraceutical brand, BigBrot
On Saudi Arabia's announcement of cutting oil production, Fatih Biral, Executive Director of, the International Energy Agency said, "Saudi Arabia, Russia and others- the OPEC plus producers decided to cut the oil production. And when we look at the International Energy Agency's analysis and
"There is a very slim chance that Pakistan may be able to win Saudi Arabian support for the resumption of its IMF programme, but if it does, this will be a temporary respite," analyst Mosharraf Zaidi wrote in The News International last week. Saudi under Crown Prince, Prince Mohammed bin Sa
New Delhi [India], April 11 (ANI/PNN): Data is often touted as the new oil. But like crude, if unrefined, data is of no value until it is processed and analyzed. To quote Peter Sondergaard - Information is the oil of the 21st century, and analytics is the combustion engine. Companies around
Addressing the nation in a video message, he said, "We wanted to get cheap Russian crude oil just like India but that could not happen as unfortunately, my government fell due to a no-confidence motion."
The World Trade Organisation (WTO) said that UAE's trade in goods with the rest of the world hit USD 1.024 trillion in 2022 as the share of both exports and imports increased on the back of higher crude oil prices. Imports accounted for 22 per cent of that amount while exports grew by 41 per
The new guidelines are intended to ensure a stable pricing regime for domestic gas consumers while at the same time providing adequate protection to producers
Belize City [Belize], April 6 (ANI/PRNewswire): RoboForex, a regulated financial services broker, announces enhancements to its Partner programme. One of the main updates is an increased Partner commission for several trading instruments, including Gold, Silver, and Crude Oil.