Tag: Oil prices

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Oil prices rise after OPEC+ keeps output cut targets, China eases COVID curbs

Oil prices edged up on Monday after OPEC+ nations held their output targets steady ahead of a European Union ban and a price cap...

Oil settles up $2 on tighter supply; OPEC+ talks limit gains

Oil prices settled up by over $2 per barrel on Wednesday on signs of tighter supply, a weaker dollar and optimism over a Chinese...

Oil up on lower U.S. crude stocks and dollar, OPEC+ and China concerns limit gains

Oil prices posted gains of more than 1% in Asian trade on Wednesday on falling U.S. crude inventories and a lower greenback, but concerns...

Oil prices edge higher as large U.S. crude stock drop outweighs China demand worries

Oil prices inched higher on Wednesday as data showing a larger-than-expected U.S. crude drawdown last week outweighed concerns about lower fuel demand from China...

Oil prices ease to trade near 2-month lows on China demand fears, dollar strength

Oil prices dropped to trade near two-month lows on Monday, having earlier slid by around $1 a barrel, as supply fears receded while concerns...

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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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