Tag: Oil prices

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Oil heads for fourth straight quarterly decline

Oil prices rose above $75 a barrel on Friday but were on course for a fourth consecutive quarter of losses amid concerns over sluggish...

Oil prices fall on concerns of slow fuel demand, weak China data

Oil prices fell on Thursday, paring some of the previous day's gains, as investors took profits on concerns of further interest rate hikes dampening...

Oil markets shrug off Russian political turmoil

Oil prices firmed slightly on Monday, with political instability from an aborted revolt by Russian mercenaries over the weekend viewed by the market as...

Oil rises on supply concerns fuelled by Russian political turmoil

Oil prices rose on Monday after a revolt by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential...

Oil falls with interest rate hikes and inventories in focus

Oil futures fell on Thursday, with trader concern over bearish impact from interest rate hikes countered by potentially bullish U.S. oil inventory data after...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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