Low crude oil supply hinders Naira-for-Crude Scheme
There is a raging concern that the Naira-for-Crude initiative, which ensures local refineries receive crude oil in Naira and sells refined products to marketers in the local currency, may be threatened as a result of inadequate crude supply to domestic refineries,
U.S. President Donald Trump on Saturday ordered tariffs on Canadian and Mexican imports to address a national emergency over ...
President Donald Trump announced tariffs on imports from Canada, Mexico, and China starting this Tuesday. The tariffs include ...
Canada warns US tariffs on Canadian oil could force America to rely on oil from Venezuela, a country the US avoids.
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...
There's a possibility that ULSD futures can eke out a gain for the week, with the lightly traded February contract climbing 2.26cts to $2.50/gal, about 0.6% lower than a week earlier. March prices ...
During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, ...
The U.S. has become reliant on their crude, and Canada has ways to limit any financial hit.
Crude oil consumption and imports are projected to increase further due to increased demand for petroleum fuels and products.
US President Donald Trump’s tariffs on imports from Canada and Mexico threaten to disrupt North America’s tightly integrated ...
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