Tag: Oil prices

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Oil mixed as investors weigh China demand and U.S. outlook

Crude oil prices edged higher in Asian trade on Tuesday amid hopes of a fuel demand recovery from top importer China, although concerns about...

Oil prices retreat in thin trade, but China outlook offers support

Oil prices drifted lower in early trade on Monday, thinned by the Lunar New Year holiday in east Asia, but held on to most...

Oil prices set for second week of gains on brighter China outlook

Oil prices were set to post a second straight weekly gain on Friday, spurred largely by brightening economic prospects for China which should boost...

Oil down nearly US$1 on bearish US data, crude stocks build

Oil futures fell by nearly US$1 on Thursday, extending losses from the previous day, as a surprise jump in US crude stocks weighed on the...

Oil mixed amid weak China economic data, hopes for better 2023

Oil prices were mixed on Tuesday after China posted its weakest annual economic growth in nearly half a century, with its late-2022 U-turn in COVID-19 policy...

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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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