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China To Send Special Envoy To Ukraine, Russia

By Agency Report China is sending a special envoy to Ukraine and Russia starting next week in an effort to help reach a political settlement...

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OPEC: World Oil Demand To Rise By 2.33Million Bpd In 2023

OPEC made a very slight change to its annual oil demand forecast this month. OPEC now sees global oil demand grow by 2.33...

News

Today in History: May 12, Soviets Lift Berlin Blockade

By The Associated Press Today’s Highlight in History: On May 12, 1949, the Soviet Union lifted the Berlin Blockade, which the Western powers had succeeded in...

World News

Ukraine: US Envoy Accuses South Africa of Providing Arms To Russia

S/Africa Pledges Probe By Agency Report The U.S. ambassador to South Africa accused the country Thursdays of providing weapons and ammunition to Russia for its...

Energy

Oil Demand In Transport Sector May Drop By Up To 50% By 2050

By Alex Kimani The transportation sector is responsible for nearly 60% of global oil demand. BNEF: EVs are currently displacing only 1.5 million barrels...

Headline

Why Nigeria Should Sell Crude Oil In Naira — Falana

...Questions FG's stance on BRICS agenda Human rights lawyer, Femi Falana, SAN, said Nigeria has no business selling crude oil in dollars, but in naira,...

Opinion

Why Oil Prices Are Plunging Despite Falling Inventories

Normally, U.S. inventories and oil prices have a strong inverse relationship. Currently, crude inventories are drawing, but oil futures seeing little support. Standard...

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