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1 day ago · U.S. diesel need fell to its most affordable seasonal level in March since 1998, while petroleum output increased to a multimonth high, data from the U.S. Energy Details Administration revealed on Friday. Need for extract fuels, which includes diesel and heating oil, has actually been struck sharply this year under pressure from sluggish production activity, milder-than-expected winter weather ...
4 hours ago · Oil prices for both Brent and West Texas Intermediate (WTI) crude reached new highs on Thursday, with Brent holding above $87 a barrel, its highest level since April. Brent crude oil, against which Nigerian oil is priced, rose by 21 cents, or 0.2% to $87.55 a barrel, while U.S. WTI crude oil increased by 18 cents to $84.06 a barrel.
1 day ago · The heavyweight 6,155-pound (2,792 kg) as tested, 2015 Expedition Platinum with 3.5 liter EcoBoost V6 and selectable automatic full-time ControlTrac four-wheel drive was clocked from 0 to 60 mph (0 to 97 km/h) in 6.4 seconds. The full-size SUV can clip 100 mph (160 km/h) in 18.2 seconds, 110 mph (180 km/h) in 24.3 seconds, and is electronically safety-limited to 113 mph (182 km/h).
1 day ago · However, the data also revealed that crude oil activities amounted to 2.99 billion rials, a decrease of 4.4 percent compared to the same period last year. Similarly, natural gas activities dropped 0.1 percent year-on-year to 524.4 million rials in the first three months of 2024.
4 hours ago · Foreign reserves. $8.999 billion (April 2019) [17] $9.661 billion (31 December 2017 est.) [4] All values, unless otherwise stated, are in US dollars. The economy of Venezuela is based primarily on petroleum. [4] [18] Venezuela is the 25th largest producer of oil in the world and the 8th largest member of OPEC.
1 day ago · Crude oil, a major export of Russia, declined in price by nearly 50% between its yearly high in June 2014 and 16 December 2014. The second was the result of international economic sanctions imposed on Russia following Russia's annexation of Crimea and the Russian military intervention in Ukraine .
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