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Nigeria's Crude, Condensate Output Hits 1.68mmbpd In August
46+ min ago (322+ words) …Meets OPEC quota for 4th straight month Nigeria’s crude oil and condensate production rose to 1,677,770 barrels per day in August 2026, up by 0.4 per cent from July’s 1,670,890 barrels per day, according to figures released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)....
Nigeria sustains OPEC quota compliance as oil output hits 1.68m bpd
1+ hour ago (479+ words) Nigeria’s crude oil and condensate production rose to 1,677,777 barrels per day in August 2026, representing a 0.4 per cent increase from the 1.67 million bpd recorded in July. The increase, though modest, marked another month of improved oil production as the country sustained compliance…...
Post Iran war, oil is the new oil
29+ min ago (296+ words) | Hindustan Times Hindustan Times When the West Asia war started in February and Iran subsequently shut traffic through the Strait of Hormuz, analysts described it as the biggest ever oil shock in the history of capitalism Oil prices did not…...
Saudi pipeline outage threatens loss of 4% of global oil supply
4+ hour, 34+ min ago (212+ words) (Refiles, removing additional text that repeats separate alerts) By Alex Lawler and Dmitry Zhdannikov Since drone attacks forced Saudi Arabia to shut its huge east-west oil pipeline on Friday, Riyadh has not given full details about the extent of the…...
Iraq Boosts Crude Oil Shipments to US Amid Strait of Hormuz Risks
7+ hour, 59+ min ago (386+ words) Iraq supplied 46,000 barrels of crude oil per day to the United States last week, up from 38,000 barrels the previous week, according to the US Energy Information Administration. ERBIL (Kurdistan24) - Iraq has climbed to 10th place among the largest suppliers of crude oil…...
From Bad to Catastrophic: Saudi Pipeline Outage Threatens to Make Gas Prices Even More Brutal
1+ hour, 7+ min ago (393+ words) A Houthi strike just knocked out the oil world's most critical backup route, and the window before global fuel stocks run dry is measured in days, not weeks. What happens at a Saudi port terminal over the next seven days…...
Bitcoin’s oil risk stretches into 2027 as IEA cuts supply outlook again
4+ hour, 20+ min ago (475+ words) Weaker oil demand offers a counterweight, but the lower supply forecast complicates the case for financing relief. The International Energy Agency has cut its 2026 oil supply forecast and now expects full Gulf supply recovery in 2027, complicating the prospect of energy-driven…...
Iraq sign 25-year deal with KEPPT to develop Ajeel oil and gas field
8+ hour, 24+ min ago (265+ words) 13 September, 2026 Source: IraqiNews.com Iraqi Prime Minister Ali Faleh Al-Zaidi oversaw the official signing ceremony on Saturday, September 12, 2026, for a comprehensive 25-year contract to develop and operate the Ajeel oil field, sealed between the state-owned North Oil Company (NOC) and…...
India’s Russian Oil Strategy Reshapes Global Energy Map
7+ hour, 8+ min ago (810+ words) India’s growing Russian oil imports are reshaping energy trade, strengthening its strategic autonomy and influencing the changing global energy landscape. India’s continued purchases of Russian crude have emerged as one of the most significant shifts in global energy trade since…...
Saudi pipeline outage threatens 4% of global oil supply
4+ hour, 7+ min ago (258+ words) LONDON, Sept 13: Saudi Arabia risks losing access to up to 4% of global oil supply unless pumping resumes within days after a drone attack forced the shutdown of its strategic East-West pipeline, Reuters reported Sunday. The 1,200-kilometre pipeline, which carries crude…...