Tag: Oil prices

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Oil prices tick up on positive US fuel demand data

Oil prices rose on Thursday, clawing back some of the previous day's losses, supported by fuel demand data from the United States, the world's...

Oil prices ease in cautious trade ahead of US inflation data

Oil prices fell on Tuesday, relinquishing some of the strong gains of the previous two sessions with the market cautious ahead of U.S. inflation...

Lower oil prices push Saudi oil giant Aramco’s first quarter profit down 19%

Saudi oil giant Aramco's first quarter net profit dropped 19% from a year earlier to 119.54 billion riyals ($31.88 billion), it said on Tuesday, due...

Oil climbs as recession fears begin to fade

Oil rose on Monday as U.S. recession fears eased and some traders took the view that crude's recent price slide, registering three straight weekly...

Oil rises but stays on track for third weekly decline

Oil prices rose on Friday but were poised for a third straight week of losses after markets registered dramatic drops on fears of a...

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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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