Day: August 15, 2022

India has expressed concern to the United States that it is being used to export fuel made from Russian crude to New York through high-seas transfers to hide its origin, a top Indian central banker said on Saturday. Deputy Governor Michael Patra of the Reserve Bank of India said an Indian ship picked up oil …

Wim’s News – U.S. expressed concern India was being used to export fuel of Russian origin, Indian central banker says Read More »

Currently, Nigeria’s petroleum imports exceed its petroleum exports by $43 billion, according to a report. According to the Budget Office, Nigeria’s debt in the first four months of the year exceeded its revenue despite high oil prices. Unlike other oil producers, Nigeria has not been able to benefit from high oil prices, with oil revenues …

Wim’s News – The disparity between Nigeria’s imports and exports of petroleum totals $43 billion Read More »