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…
Freezing Weather Forces the World’s Top LNG Exporter to Import Gas
Several energy companies imported liquefied natural gas into the United States, with the unusual move prompted by surging demand for energy and heating pushing gas prices to all-time highs. According…
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.…
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…
