Tag: US

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Oil mixed as investors weigh China demand and U.S. outlook

Crude oil prices edged higher in Asian trade on Tuesday amid hopes of a fuel demand recovery from top importer China, although concerns about...

Oil down nearly US$1 on bearish US data, crude stocks build

Oil futures fell by nearly US$1 on Thursday, extending losses from the previous day, as a surprise jump in US crude stocks weighed on the...

US, UAE say $20 billion investment to fund 15 gw in new clean energy

The United States and United Arab Emirates announced on Sunday that the first $20 billion of their $100 billion clean energy partnership would be...

Oil rises on China demand hopes, U.S. inflation in focus

Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will...

Oil rebounds after biggest drop in decades at start of year

Oil rebounded on Thursday after posting the biggest two-day loss for the start of a year in three decades with the shutdown of a...

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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...

IMF: South Africa needs decisive efforts to cut spending

South Africa needs more decisive efforts to cut spending...

World Bank sounds alarm on ‘historical reversal’ of development for poorest nations

Half of the world's 75 poorest countries are experiencing...

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