U.S. Oil Slips As Stockpiles Rise For Seventh Week
U. S. oil prices fell on Friday after government data released late on Thursday showed stockpiles rose last week for ...
Tag: oil prices
Stock Futures Hit Record Highs Amid Retail Earnings
U. S. stock index futures rose to record intraday highs on Tuesday as oil prices surged and investors assessed earnings ...
U.S. Shale Oil Braces For the Unfamiliar In 2017
U. S. shale producers are facing their first production cost increase in five years in 2017 as industry activity picks ...
World Stocks Ride To Record High, Dollar Retreats
World stocks hit an all time high on Thursday as the latest round of robust global data matched hopes that ...
Less Than 1% of Nigeria’s Currency Is Fake – Central Bank
This is in response to a claim by a former deputy CBN chief who said 20% of the currency used ...
Oil Attacks In 2016 Cost Nigeria Up To $100bln
Militant attacks on key oil facilities last year reduced Nigeria's output by one million barrels per day, resulting in a ...
Fuel Price Surge Sends Inflation To Highest Since June 2014
British consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled ...
India, Russia Close In On Chopper Deal
Russia is close to finalising a deal to build helicopters in India, an executive said Tuesday, a move that would ...
Former Boss of Nigerian Oil Firm In $10m Cash Probe
A former head of Nigeria's state-run oil firm is under investigation after almost $10 million in cash was found at ...
OPEC Delivering On Agreed Oil Output Cuts
The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut ...
Asian Shares At 1-1/2-Year High, Yen Sags After Trump-Abe Meet
Asian stocks rallied to 1-1/2-year highs on Monday, helped by renewed hopes over U. S. President Donald Trump's tax reform ...
Oil Overhang Points To Need For Extended OPEC Output Cuts
An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing ...
Trump Tax Cut Talk, Chinese Data Spur Risk Rally
European shares rose to within striking distance of their highest levels in more than a year on Friday while the ...
Falling T-Bill Rates Won’t Reduce Cost of Credit
The current falling Treasury bill rates will not reflect a drop in the cost of credit in Ghana, Ecobank Research ...
Oil Prices Fall On Bloated U.S. Fuel Inventories, Stalling China Demand
Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U. S. crude ...
European Financial Market Unnerved By French Politics
The increasingly unpredictable French presidential election race unnerved European financial markets on Tuesday, tipping the euro towards its biggest fall ...
Oil Prices Rise As Investors Pour Fresh Cash Into Crude Futures
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose ...
Ghana Yet To Become ‘land of Milk and Honey’ Many Pray For
Former president J. A. Kufour has bemoaned Ghana’s inability to capitalise on its oil find to become a nation that ...
Oil Edges Up On Threat of U.S. Issuing New Iran Sanctions
Oil prices edged up on Friday on news that U. S. President Donald Trump could be set to impose new ...
Oil Prices Fall After Sharp Rise In U.S. Stockpiles
Oil prices fell on Thursday after official data showed U. S. crude and gasoline stockpiles rose sharply, although signs that ...