Tag: Oil prices

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Oil set to snap two-week losing streak on tightening supplies

Oil prices were set to snap a two-week losing streak as they rose for a fourth consecutive session on Friday due to tightening supplies...

Oil dips as China factory activity shrinks

Oil prices eased on Thursday after data showed China's manufacturing activity shrank for the fifth month in a row, and as investors cautiously awaited...

Oil rises on US stockpile draw and hurricane jitters

Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest fuel consumer,...

Oil ticks up as supply concerns outshine macroeconomic jitters

Oil prices crept up on Tuesday as supply concerns from a hurricane hurtling towards the U.S. Gulf Coast limited bearish sentiment about the possibility...

Oil slides on grim manufacturing data

Oil prices slid more than 1% on Wednesday as gloomy global manufacturing data grabbed attention ahead of an annual meeting of central bankers at...

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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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