Tag: Oil prices

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Oil gains after IEA sees demand rising to record high

Oil prices edged higher on Friday after the West's energy watchdog said it expected global demand to rise to a record high this year...

Oil stable as market weighs tight supply against U.S. recession risk

Oil prices were stable on Thursday as the market weighed the prospect of tight supply against possible recession in the United States, the world's...

Oil steadies as market awaits key U.S. inflation data

Oil prices steadied Wednesday as the market waited for U.S. inflation data later in the day that will likely influence the Federal Reserve's policy...

Oil rises on China stimulus expectations, weaker dollar

Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in...

Oil heads for third weekly gain after shock OPEC+ cuts

Oil rose on Thursday and was on track for a third weekly gain as further production cuts targeted by OPEC+ and a drop in...

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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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