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China’s October Fuel Export Freeze Threatens to Squeeze Supplies Across Asia

China's October Fuel Export Freeze Threatens to Squeeze Supplies Across Asia

China’s October Fuel Export Freeze Threatens to Squeeze Supplies Across Asia China’s decision to halt oil product exports beyond Hong Kong and Macau this month is poised to tighten fuel availability for several of the country’s biggest regional customers, including Singapore, Malaysia and Australia, just as global fuel markets remain stretched thin from months of … Read more

Global Shares Rise as Bond Market Turmoil Eases Ahead of Key US Jobs Report

Global Shares Rise as Bond Market Turmoil Eases Ahead of Key US Jobs Report

Global Shares Rise as Bond Market Turmoil Eases Ahead of Key US Jobs Report Stock markets around the world climbed Friday as the wild swings that had gripped bond and currency markets in recent sessions finally began to settle, with investors turning their attention to a closely watched US jobs report that could reshape expectations … Read more

US Sends Third Aircraft Carrier and Thousands More Troops to Middle East as Iran Tensions Flare Again

US Sends Third Aircraft Carrier and Thousands More Troops to Middle East as Iran Tensions Flare Again

US Sends Third Aircraft Carrier and Thousands More Troops to Middle East as Iran Tensions Flare Again The Pentagon is moving additional warships and thousands of personnel toward the Persian Gulf, a buildup that could put three separate aircraft carrier strike groups in or around the Middle East by the end of October, according to … Read more

Nigeria’s Crude and Condensate Output Rises to 1.68 Million Barrels a Day in August, Meets OPEC Quota for Fourth Straight Month

Nigeria's Crude and Condensate Output Rises to 1.68 Million Barrels a Day in August, Meets OPEC Quota for Fourth Straight Month

Nigeria’s oil production edged higher in August, with combined crude oil and condensate output climbing to 1,677,777 barrels a day, according to figures released by the Nigerian Upstream Petroleum Regulatory Commission. The figure represents a modest 0.4 percent increase from July’s 1,670,890 barrels a day, and it marks the fourth consecutive month that Nigeria has … Read more

Dangote Refinery Locks In 16 Million Barrels of Nigerian Crude Ahead of Record IPO

Dangote Refinery Locks In 16 Million Barrels of Nigerian Crude Ahead of Record IPO

Dangote Refinery Locks In 16 Million Barrels of Nigerian Crude Ahead of Record IPO Dangote Petroleum Refinery has secured at least 16 million barrels of Nigerian crude oil for delivery in October, according to four industry sources, a volume that underscores just how dependent Africa’s largest refinery has become on domestic feedstock as it ramps … Read more

NNPCL Cuts Petrol Price to ₦1,370 in Abuja and ₦1,360 in Lagos as Dangote Lowers Supply Rate

NNPCL Cuts Petrol Price to ₦1,370 in Abuja and ₦1,360 in Lagos as Dangote Lowers Supply Rate

NNPCL Cuts Petrol Price to ₦1,370 in Abuja and ₦1,360 in Lagos as Dangote Lowers Supply Rate Nigerians got a modest break at the pump this week as the Nigerian National Petroleum Company Limited lowered petrol prices at select filling stations in Abuja and Lagos, continuing a run of price cuts that has unfolded over … Read more

Chinese Hackers Posed as Former US Officials and an Anthropic Employee to Target AI Policy Experts

Chinese Hackers Posed as Former US Officials and an Anthropic Employee to Target AI Policy Experts

Chinese Hackers Posed as Former US Officials and an Anthropic Employee to Target AI Policy Experts A Chinese-linked hacking group has spent months impersonating well-known figures in American AI policy circles, including two former government officials and a senior employee at Anthropic, in an effort to steal email credentials from researchers working on AI regulation, … Read more

Trump Announces $200 Billion South Korean Investment, But Seoul Won’t Commit Yet to the Alaska Pipeline

Trump Announces $200 Billion South Korean Investment, But Seoul Won't Commit Yet to the Alaska Pipeline

Trump Announces $200 Billion South Korean Investment, But Seoul Won’t Commit Yet to the Alaska Pipeline President Donald Trump announced Wednesday that South Korea will invest up to $200 billion across a series of US energy and industrial projects, but Seoul moved almost immediately to clarify that one of the most prominent pieces, a roughly … Read more

Tennessee’s Attempt to Execute Christa Pike Fails, Leaving Her Alive and Hospitalized

Tennessee's Attempt to Execute Christa Pike Fails, Leaving Her Alive and Hospitalized

Tennessee’s Attempt to Execute Christa Pike Fails, Leaving Her Alive and Hospitalized Tennessee’s attempt to execute Christa Gail Pike, the only woman on the state’s death row, ended in what a death penalty expert called an unprecedented failure Wednesday night, after the state administered two doses of lethal injection drugs without killing her. Pike, 50, … Read more

The Mumbai Textile Student Who Became the Pilot Who Saved a Flight to Tel Aviv

The Mumbai Textile Student Who Became the Pilot Who Saved a Flight to Tel Aviv

Smit Machchhar never set out to become a pilot. He grew up expecting to join his family’s textile business, enrolling in a textile engineering course straight out of school before later pursuing management studies at Mumbai’s Welingkar Institute of Management. It was at an aviation seminar there, at around 19 years old, that something shifted, … Read more