The Nigerian Navy uncovered a combined 75,000 litres of suspected stolen crude oil in three dugout reservoirs in the Oteghele area of Delta State, in two operations under Operation Delta Sentinel on October 12 and October 14. The first operation found about 30,000 litres in one reservoir and the second a further 45,000 litres in two reservoirs, Navy spokesman Captain Abiodun Folorunsho said in a report carried by the News Agency of Nigeria on Friday. The Navy said the concealed storage points facilitate the accumulation and onward movement of stolen crude, and that uncovering them disrupts a link in the illicit petroleum trade.
In the state payment series covered in yesterday’s roundup, the USDA Farm Service Agency’s Texas release put that state’s share of safety net and conservation payments at 1.2 billion dollars, a new state figure in the same programme whose Iowa, Louisiana and Washington shares were reported here on October 17. USDA also designated Nebraska counties as natural disaster areas due to drought, a Farm Service Agency notice in the feed pool, which opens emergency loan eligibility for affected producers.
USDA’s October Sugar and Sweeteners Outlook confirms a reduced US production profile for 2026/27, with total sugar output lowered to the weakest level since 2019/20 and a tighter stocks to use ratio, according to a market summary of the outlook, while the department plans no Feedstock Flexibility Program intervention for the new crop year. In Egypt, local gold prices rose by 95 Egyptian pounds over the week, Daily News Egypt reported, tracking the firm international price without matching silver’s weekly decline.
President Volodymyr Zelenskyy said the easing of sanctions on Russia could continue, starting with diesel, in remarks reported by Antara News on Sunday, a follow on reaction to the Trump waiver covered on this site on October 16 rather than a new sanctions decision.