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2026

2026

Nigeria No Longer Top Africa Exporter?

Nigeria, which has been forced to shut in more than half of its oil output following rebel attacks and a workers' strike, could lose its position as Africa's top oil exporter to Angola. The cumulative oil production outage for Africa's...

Iraq’s Exports to US Fall

Iraq's crude oil shipments to the United States have fallen to the second lowest monthly level in almost four years, the U.S. Energy Department has confirmed. Iraq exported 341,000 barrels of crude oil a day that month to the U.S....

Belarus Criticises Russia Over Gas Price Rise

Alexander Lukashenko, the Belarusian President, has criticized Russia over it recent gas price increases, calling them “shameless.” In retaliation, he is threatening to charge Moscow for transiting oil across his country. "If those in Russia, choking on this influx of...

Brazil Considers Joining OPEC After “Monstrous” Find

Brazil is to consider joining OPEC after it has gauged the impact on its oil exports from its newly discovered giant offshore Tupi oil field. Isnard Penha Brasil said that "a membership decision will come after we know what our...