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A spokesperson for the Ethiopian Prime Minister and Minister stated that Ethiopian, Djibouti, and Nigerian billionaire Aliko Dangote will build a $660 million refined oil pipeline.

2026-09-24

A spokesperson for the Ethiopian Prime Minister and Minister stated that Ethiopian, Djibouti, and Nigerian billionaire Aliko Dangote will build a $660 million refined oil pipeline.

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2026-09-24

Heightened risk of a Trump administration diesel export ban has driven non‑U.S. diesel prices higher relative to U.S. product. At Wednesday’s close, NYMEX heating oil’s premium to European diesel narrowed to its lowest since late April; the spread’s

Heightened risk of a Trump administration diesel export ban has driven non‑U.S. diesel prices higher relative to U.S. product. At Wednesday’s close, NYMEX heating oil’s premium to European diesel narrowed to its lowest since late April; the spread’s one‑day swing was the largest since the 2022 Russia‑Ukraine supply shock, before partially reversing on Thursday. Whether Washington will imposing a ban remains uncertain, but Energy Secretary wright has told oil industry leaders to prepare for possible export limits amid rising U.S. retail fuel prices. The EU has voiced concern about the prospect.
2026-09-24

Interfax reported the Russian Defense Ministry said Russian forces struck an oil tanker in the Black Sea.

Interfax reported the Russian Defense Ministry said Russian forces struck an oil tanker in the Black Sea.
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