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Somalia begins first offshore drilling, potential major oil discovery in Somali Basin
Somalia begins its first offshore drilling campaign, raising oil supply expectations. WTI reaching $110 in July 2026 at 2.1% YES.
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oilprice.com
Could Somalia See The World's Next Major Oil Discovery? | OilPrice.com
A 200,000–300,000 b/d discovery could redraw East African oil trade, challenge Uganda’s export project and give Indian refiners a rare nearby crude source
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cryptobriefing.com
Somalia begins first offshore drilling, potential major oil discovery in Somali Basin
Somalia begins its first offshore drilling campaign, raising oil supply expectations. WTI reaching $110 in July 2026 at 2.1% YES.