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Nigeria’s Oil Production Falls Below 1 Million BPD in April

On May 12, the data released by the Nigerian oil regulator on Thursday showed that the country's oil production fell below 1 million barrels...

Oil Posts Biggest Drop Since Banking Crisis as Traders See Oversupply

On April 27, affected by the turmoil in the stock market, international oil prices experienced the largest drop since the banking crisis in mid-March,...

Cheap Russian Oil Knocks OPEC’s Market Share in India to Low

On April 24, OPEC's share of India's oil imports fell at the fastest pace in 2022/23 to the lowest level in at least 22...

Understanding Brent Crude Oil Prices: A Comprehensive Guide

Crude oil prices have a significant impact on the global economy, and Brent crude oil prices are particularly important because they serve as a...

Weaker Demand Weighs on Oil Prices, but Losses Expected to Be Limited

On April 18, ANZ said last week's strong employment and inflation data had killed hopes that the Fed would pause its rate hike cycle. Investor...

Why is brent crude rising

Brent crude, a type of oil that is used as a benchmark for pricing other crude oils, has been rising in price in recent...

Oil Hits Biggest One-day Gain Since Russia-ukraine Conflict Yesterday

On April 4, according to the Wall Street Journal, after OPEC+ announced a joint production cut, oil prices closed up 6.3% on Monday, the...

What is brent crude oil prices

Brent crude oil is a type of oil that is used as a benchmark for oil prices worldwide. It is a light, sweet crude...

Why brent crude is falling

If the price of Brent crude is currently falling, there are a number of potential reasons why this might be the case. One possible reason...

How is brent crude price determined

Brent crude oil is one of the most widely traded commodities in the world, with a daily trading volume of billions of dollars. The...

How much is a barrel of brent crude oil

The price of Brent crude oil is one of the most closely watched economic indicators in the world. Brent crude is a type of...

What is the price of brent crude

Brent crude oil is a major benchmark used in the pricing of crude oil around the world. It is named after the Brent oilfield...

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