Oil Markets: Inventory Overload, OPEC Worries, and Africa's Boom
Update: 2025-09-19
Description
Oil prices dipped despite a Fed rate cut, as rising US inventories and OPEC Plus uncertainty spooked traders. Europe eyes a swift ban on Russian LNG, while Namibia could become a major oil player. ExxonMobil stays out of Russia, Equinor faces tragedy, and big traders eye Singapore refining. Plus: Japan invests in US shale, Liberia strikes deals, and Russian oil defies sanctions.
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