Oil Inches Higher as U.S. Federal Reserve Keeps Rates Unchanged
In its first monetary policy decision of 2026, the Federal Reserve elected to hold the federal funds rate steady at 3.50%–3.75%, pausing further cuts after three reductions late last year.…
Afreximbank Unveils $1.75B Lifeline for Angola’s Sonangol
Africa’s trade finance lender has unveiled a major new funding line for Angola’s national oil company, as the country seeks to stabilize crude trading and maintain output in a basin…
Oil Prices ‘Remain Elevated and Volatile’
In a market comment sent to Rigzone on Thursday, Mazen Salhab, Head of Market Research at MH Markets, highlighted that oil prices “remain elevated and volatile … as the market…
Serbia Says Russia Ready To Sell Stake In NIS
Serbia’s president has confirmed that Russia is prepared to sell its controlling stake in the country’s only oil refinery and that Hungary’s MOL has been discussed as a potential buyer,…
