Tag: Oil prices

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Oil up on possible Russia cuts; inventories remain high

Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset rising inventories in the United...

Oil falls on worries interest rates will rise more and curb fuel demand

Oil prices fell for a third trading session on Wednesday on expectations the U.S. Federal Reserve will indicate later in the day that interest...

Oil heads for weekly loss on rate hike worries, ample supply

Oil fell about 2% on Friday and was heading for a weekly decline, pressured by concerns of more U.S. Federal Reserve interest rate hikes...

Oil slips on U.S. stock build, trading in narrow range

Oil prices edged lower on Thursday after a large build in U.S. crude inventories but continued to trade in a narrow range as hopes...

Oil prices drop as US inventories jump fuels demand worries

Oil prices extends losses on Wednesday (15 February) as a much bigger-than-expected surge in the U.S. crude inventories and anticipation of further interest rate...

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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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