The Nigeria Employers’ Consultative Association (NECA) has expressed concern over the tumbling global oil price below the $57 on which the 2020 national budget was premised. SEE ALSO: AFEX, FMDQ, Securities Exchange partner to open ...
Oil price hit multi-week highs on Monday after OPEC indicated it was likely to maintain production cuts that had helped boost prices this year. Brent crude was up by 34 cents to $72.55 a barrel ...
Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand, although OPEC-led efforts to cut output still offered some support. U.S. West Texas Intermediate (WTI) crude ...
The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC even with the group’s production cuts and U.S. sanctions on Venezuela and Iran, the International Energy Agency said in ...
Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports could fall due to renewed U.S. sanctions and reduce supply in an already tightening market. ...
Brent sweet crude climbed to fresh highs on Monday, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply. United States oil prices rose above 70 dollars a barrel for ...
Oil prices rose over 3 per cent, on Tuesday as investors grew more confident that a brewing trade dispute between the United States and China may be resolved without harming the global economy. Brent crude ...
Oil prices rose on Monday, lifted by a drop in U.S. drilling activity as well as by expectations that the United States could re-introduce sanctions against Iran. U.S. WTI crude futures were at 65.18 dollars ...
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