Tag: Oil
Oil prices rose by about one per cent on Monday after top exporter, Saudi Arabia, announced a cut in supply for December. International benchmark Brent crude oil futures were at 71.11 dollars per barrel at ...
Wall Street stock futures and Asian shares erased most of their earlier gains in choppy trade on Wednesday, as results from the U.S. midterm elections showed Republicans close to losing their grip on Congress. U.S. ...
Iran said on Tuesday it had so far been able to sell as much oil as it needs despite U.S. pressure. The government however, urged European countries that opposed the U.S. sanctions to do more ...
Oil prices rose on Monday as U.S. sanctions against Iran’s fuel exports began but were softened by waivers allowing major buyers to import Iranian crude for a while. Tehran said that it would defy Washington ...
Oil is likely to stay above $75 a barrel fueled by supply disruptions exacerbated by U.S. sanctions on Iran. However, further gains could be limited as economists and analysts see demand growth slowing next year ...
Oil prices rose on Monday, supported by bounce in Asian stocks, but analysts said sentiment remains cautious after financial markets plunge last week triggered by worries of slow global growth. Front-month Brent crude oil ...
The Minister of Finance, Mrs Zainab Ahmed says the Federal Government will not lose focus on diversifying the economy from oil to other sustainable sectors like agriculture. Ahmed said this at the ongoing 24th Nigerian Economic ...
Oil prices fell on Tuesday after Saudi Arabia said it could supply more crude quickly if needed, reassuring investors ahead of U.S. sanctions on Iran’s crude exports that start next month. Benchmark Brent crude oil ...
Brent crude oil prices rose back above $80 a barrel on Monday as markets were expected to tighten once U.S. sanctions against Iran’s crude exports are implemented next month. Benchmark Brent crude oil futures LCOc1 ...
Saudi Arabia has no intention of unleashing a 1973-style oil embargo on Western consumers and will isolate oil from politics, the Saudi Energy Minister said on Monday amid a worsening crisis over the killing of ...
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