Tag: Oil prices

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Oil edges up as China seeks to calm economic fears

Oil prices crept up on Thursday after China's central bank sought to stem the rising tide of pessimism over the country's property market and...

Oil slips as China sours sentiment

Oil prices edged lower on Tuesday on sluggish Chinese economic figures coupled with fears that Beijing's unexpected cut in key policy rates was not...

Oil steadies as China worries counter supply cuts

Oil prices stabilised on Monday as concerns about China's faltering economic recovery and a stronger dollar took the momentum out of seven weeks of...

Oil holds near highs on upbeat demand growth forecasts

Oil prices held near recent highs on Friday amid optimistic demand forecasts from the OPEC producer group and the International Energy Agency (IEA). Brent crude...

OPEC flags healthy oil market fundamentals in second half

Prospects for the global oil market look healthy for the second half of the year, OPEC said on Thursday as the producer group stuck...

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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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