Six years after the shutdown of state-owned Petrotrin, former employees, led by the Oilfield Workers’ Trade Union (OWTU), gathered outside the refinery on November 30 for a candlelight vigil, march,…
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On December 2, petrol and diesel prices in Bhubaneswar saw an increase, with petrol rising by 28 paise to Rs 101.39 per litre and diesel climbing to Rs 92.96 per…
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Starting December 3, Chevron Philippines, Seaoil Philippines, and Shell Pilipinas will increase gasoline prices by P0.90 per liter, marking the second consecutive week of price hikes for the fuel. In…
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The Ministry of Petroleum and Natural Gas (MoPNG) has announced a reduction in the domestic natural gas price to $7.29 per million metric British thermal units (mmBtu) on a gross…
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WTI crude oil is trading within a descending triangle pattern, marked by lower highs and firm support at $66.85 per barrel on the hourly chart. The price hovers near the…
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Crude oil prices decisively broke below the $68.64 level, closing the previous session with a bearish candlestick. This clear breach has placed the commodity under mounting negative pressure, signaling potential…
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Brent crude oil prices retreated sharply after nearing the anticipated positive target of $73.90, dropping to approximately $72.06. Analysts predict continued downward pressure, with a potential break below this level…
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OPEC+ has been holding back 2.2 million barrels of oil per day for over a year, yet the market shows little sign of responding as the group intends. This persistent…
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The Association of Oil Marketing Companies (AOMC) has officially rebranded as the Chamber of Oil Marketing Companies (COMAC), signaling a bold new phase in Ghana’s downstream petroleum sector. This strategic…
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Czechia has confirmed it will not request an extension for its exemption from the European Union’s ban on Russian oil product imports, set to expire on December 5. This decision…