Tag: energy markets
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Signs of pullback: Russia’s oil exports to India slump under US sanctions
Overview: A sharp pullback in Russia’s oil trade with India Recent data and industry analysis show a notable retreat in Russia’s oil exports to India as a consequence of renewed U.S. sanctions. The pullback marks a significant shift in the energy ties between the two nations, traditionally among the most active partners in crude shipments.…
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Nigeria Emerges as Africa’s Oil Trading Hub: Africa’s Next Growth Frontier
Introduction: Nigeria at the Crossroads of Africa’s Energy Growth Nigeria is positioning itself as a key pillar of Africa’s downstream oil and gas resurgence. Industry leaders and market observers are watching as the country shifts from a price-taker in the global oil complex to a dynamic regional trading hub for refined petroleum products. This transformation…