Tag: OPEC+

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Oil falls 2% on US debt deal struggles, OPEC+ talks uncertainty

Oil fell by nearly 2% on Tuesday as concerns about the US debt ceiling pact cooled the market's risk-on sentiment and mixed messages from...

Oil steady as US default risk offsets demand outlook

Oil prices were steady on Monday as caution relating to U.S. debt ceiling talks dragged on optimism over demand later in the year and...

OPEC holds global oil demand view steady, cites US debt ceiling risks

OPEC's global oil demand forecast for 2023 was held steady for a third month on Thursday, with the producer group citing the potential Chinese...

Oil climbs as recession fears begin to fade

Oil rose on Monday as U.S. recession fears eased and some traders took the view that crude's recent price slide, registering three straight weekly...

Oil prices recover after three-day plunge; demand worries linger

Oil prices rose on Thursday but were unable to claw back the more than 9% decline during the previous three days as demand 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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