Sunday, August 16, 2026
Routes of selected West African oil cargoes discharging in California - Oil and Gas 360

Go West: Nigerian oil skirts U.S. shale boom in journey to California

From Reuters Nigeria’s oil, displaced by U.S. shale, has found an unlikely new outlet this year: the coast of the continental United States that is farthest from the African country’s shores. The shale boom has upended the global market, turning the United States from a keen buyer of Nigerian oil to an aggressive competitor. But no pipelines easily connect the

Oil gets boost as new Saudi minister commits to output cuts - Oil and Gas 360

Oil gets boost as new Saudi minister commits to output cuts

From Reuters Oil prices rose more than 2% on Monday after the new Saudi energy minister, Prince Abdulaziz bin Salman, confirmed expectations that he would stick with his country’s policy of limiting crude output to support prices. Prince Abdulaziz, son of Saudi King Salman and a long-time member of the Saudi delegation to the Organization of the Petroleum Exporting Countries