Tag: Oil prices

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Oil benchmark Brent hovers above $80 after pricing in US data

Global oil benchmark Brent hovered above $80 a barrel on Thursday after U.S. inflation data implied interest rates in the world's biggest economy are...

Oil stuck between supply strains and economic doubt

Oil crept higher on Wednesday in a market caught between expectations supply cuts by the world's biggest fuel exporters will drive prices higher and...

Oil prices edge up as supply cuts, weak dollar counter economic headwinds

Oil prices edged higher on Tuesday supported by supply cuts by the world's biggest oil exporters and hopes for higher demand in the developing...

Brent crude steady as economic fears offset supply cuts

Brent crude oil prices were little changed on Wednesday as concern over the global economy countered supply cuts announced this week by top crude...

Oil up as market weighs supply cuts against gloomy economic outlook

Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russia against a weak global...

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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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