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On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act into law, reinstating two long-expired Superfund excise taxes on certain manufactured

Earlier this week, the US and several major oil importers announced their intention to sell part of their strategic reserves to bring down the price. The total volume of interventions from so-called Anti-OPEC is around 70M barrels, of which 50M will come from the US. The announcement of these measures and the quantities caused oil [] The post Why did Crude Oil go 5% up after the Anti-OPEC announcement? appeared first on All About Forex World .

U.S. Senator Joe Manchin, D-W.Va., said Biden was using a band-aid approach to address a self-inflicted energy policy wound.

Global oil prices are moderately falling on November 25 afternoon on the decision of some countries to release their strategic reserves

Tribune Online Spillage: FG mulls stiffer punishments for oil coys The federal government has announced plans to institute stiffer punishments for companies involved in oil spillage in the country. The minister of environment, Sharon Ikeazor, who gave the hint Thursday at the weekly ministerial press briefing organized by the presidential media team at the presidential villa, Abuja, said the ministry is engaging other relevant government [] Spillage: FG mulls stiffer punishments for oil coys Tribune Online

Experts have expressed divergent views over the International Monetary Fund (IMF) advice to the Federal Government to ensure total removal of electricity and petrol subsidies. [] The post Reactions trail IMF advice on electricity, fuel subsidy removal appeared first on National Accord Newspaper .

WASHINGTON (dpa-AFX) - Oil prices fell slightly on Thursday after data showed a modest increase in U.S. crude stockpiles in the week ended November 19.Investors also continued to weigh the impact …

Tribune Online Climate change: Rep member warns over imminent danger A member of the House of Representatives, representing Ovia Federal Constituency of Edo State, Mr Dennis Idahosa, has warned the Federal Government of the danger of relying solely on oil revenue, without harnessing other sources of revenue, in the face of the implementation of the resolutions of the 26th meeting of the Conference Parties to [] Climate change: Rep member warns over imminent danger Tribune Online

(adsbygoogle = window.adsbygoogle || []).push({ google_ad_client: "ca-pub-0176876508545781", enable_page_level_ads: true }); NLC President, Comrade Ayuba Wabba, made the call in a statement he issued to newsmen in Abuja, entitled: ”Nigerian workers refused to take the bait’’. According to him, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, announced that petrol could cost as much as N340 from February 2022. Wabba described as

The UAE, which is the fourth biggest oil producer in the OPEC+ agreement, has announced that it doesn’t yet have a definite position before the ministerial meeting scheduled for December 1-2

The Zamfara State Taskforce Committee on Compliance to Gov. Bello Matawalles Executive Order on insecurity has ordered the closure of a filling station and bakery in Gusau and Tsafe local government areas of the state. Chairmen of Committee, Abubakar Dauran, gave the order on Wednesday shortly after security forces arrested four suspects for alleged supplying [] The post Zamfara govt closes filling station, bakery for suppling petrol, bread to bandits appeared first on . .

One in six VLCCs currently trading have carried oil from sanctions-hit Venezuela and Iran over the past 24 months, new research shows, underscoring how large the illicit oil shipment business has become during what has been one of the worst earnings periods for tankers in a generation. Of the 853 VLCCs currently afloat, 141 have

The United Arab Emirates is "fully committed" to the oil output agreement between the Organization of the Petroleum Exporting Countries and several other oil-producing nations, the country

Naija News looks at the top happenings making headlines on the front pages of Nigerias national newspapers today Thursday, November 25 2021. The PUNCH leads with a report that Nigerians will spend about N6.732tn on the purchase of Premium Motor Spirit, popularly called petrol, within a period of 12 months once the Federal Government stops [] This article was originally published on Naija News

Most stock markets in Asia-Pacific traded in the negative territory after the Bank of Korea (BOK) raised its interest rates by 0.25% to 1%. Meanwhile, China confirmed that it will release oil from eme…