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U.S. Versus OPEC+, Why Oil Prices Will Likely Remain Higher

06:56am, Monday, 29'th Nov 2021 Seeking Alpha
Read why we expect crude oil prices to sit in the $70-80 per barrel range, and why that presents substantial shareholder reward potential for many of our favorite investments.
The cost of one litre of petrol in Delhi stands at 103.97 and that of diesel at 86.67 per litre and the country''s financial capital, the petrol and diesel prices have remained static at 109.98/litre and 94.14 per litre, respectively.

Weekend oil news OPEC meetings delayed in light of Omicron variant

11:11pm, Sunday, 28'th Nov 2021 Financial Occultist
OPEC+ is delaying its two technical meetings scheduled for Monday and Tuesday by 48 hours: OPECs Joint Technical Committee and the Joint Ministerial Monitoring Committee (JTC and JMMC respectively), will now meet on Wednesday and Thursday (1 and 2 December). This is in order to allow more time to assess the market in light of [] The post Weekend oil news OPEC meetings delayed in light of Omicron variant appeared first on Financial Occultist .

World Bank, El-Rufai applaud Kyari as NNPC intensifies reforms

10:57pm, Sunday, 28'th Nov 2021 The Eagle Online Nigeria
The event, which held at the Transcorp Hilton Hotel in Abuja, saw the Group Managing Director/Chief Executive Officer of the NNPC, Malam Mele Kyari, insisting that the reforms in the oil and gas sector were unstoppable. The post World Bank, El-Rufai applaud Kyari as NNPC intensifies reforms appeared first on The Eagle Online .

ASX energy shares on watch after Omicron sparks oil price crash

08:12pm, Sunday, 28'th Nov 2021 The Motley Fool Australia
Energy shares looks set to be hit hard by Omicron The post ASX energy shares on watch after Omicron sparks oil price crash appeared first on The Motley Fool Australia .
ANC-linked Thebe Investments has a stake in Shell SA and the government stands to win big if the company strikes oil
There are signs that demand may be weakening in some markets going in to the winter months in Asia and Europe, said Mike Muller, the head of the Asia unit at Vitol, the worlds biggest independent oil trader

Pipeline developers ask damages

06:27am, Sunday, 28'th Nov 2021 Northwest Arkansas Democrat-Gazette
Developers of Keystone XL are seeking to recoup more than $15 billion in damages connected to President Joe Biden''s decision to yank a permit for the border-crossing oil pipeline even after construction began.
Kaieteur News The Joe Bidens administration has recommended an overhaul of the nations oil and gas leasing programme to limit areas available for energy development and raise costs for oil and gas companies to drill on public land and water. The long-awaited report by the Interior Department stops short of recommending an end to []

Spillage: FG mulls stiffer punishments for oil coys

11:26am, Thursday, 25'th Nov 2021 Nigerian Tribune
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

Reactions trail IMF advice on electricity, fuel subsidy removal

11:22am, Thursday, 25'th Nov 2021 National Accord Newspaper
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 .

Oil Prices Slip After Small Crude Inventory Build

10:34am, Thursday, 25'th Nov 2021 FinanzNachrichten
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 …

Climate change: Rep member warns over imminent danger

10:32am, Thursday, 25'th Nov 2021 Nigerian Tribune
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

NLC kicks against FG’s plan to increase petrol price to N340

09:11am, Thursday, 25'th Nov 2021 NaijaOnlineTV
(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
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