Tag: Oil
Oil prices ticked higher on Thursday, although gains were limited by a surprise increase in U.S. crude oil reserves as the coronavirus pandemic hit fuel consumption. SEE ALSO: World Shares Advance On Surprise U.S. Job ...
Oil prices fell on Friday, adding to steep losses from the previous session, and were headed for weekly declines on worries that renewed lockdowns following a surge in coronavirus cases in the United States and ...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) and Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) have called for the establishment of a tanker terminal in Anambra. SEE ALSO: French Finance Minister: Renault ...
Oil climbed on Monday after major producers agreed to extend a deal on record output cuts to the end of July and as China’s crude imports hit an all-time high in May. SEE ALSO: AfDB, ...
Oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will be able to agree to extend record output cuts, heightened by worries over a huge build ...
Oil dropped below $65 a barrel on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of interest rate cuts and as rising U.S. output ...
Oil prices were steady on Friday, torn between hopes the United States and China could soon settle their trade disputes and new data raising fresh concerns over China’s economic slowdown. International Brent crude oil futures ...
Oil prices held steady on Wednesday supported by concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry, but pegged back by a darkening outlook for the global economy. U.S. West Texas Intermediate (WTI) ...
Indonesian oil and gas group Medco agreed to buy London-listed Ophir Energy for a sweetened cash bid of $511 million as it looks to boost its Southeast Asia portfolio and gain access to international assets. ...
Oil prices rose on Tuesday after Washington imposed sanctions on Venezuelan state-owned oil firm PDVSA a step that may curb the OPEC member’s crude exports to the United States. Despite the move, which comes as ...
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