Crude Oil Price Drops to $60 over US, China Trade Dispute - THISDAYLIVE via thisdaylive
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Oil:Price Climb As U.S. Threatens Sanctions Against VenezuelaOil prices edged up on Friday as turmoil in Venezuela increased the chances of tighter global supply if the U.S. makes good on signals that it could impose sanctions on Venezuelan exports. However, fresh data on surging U.S. fuel stocks and worries about U.S.-China trade talks weighed on prices. Brent crude oil futures were at […]
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Oil Falls On Increased U.S. Rig Count, China Industrial SlowdownOil prices fell by 1 per cent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further. China, the world’s second-largest oil user, reported additional signs of an economic slowdown. U.S. crude oil futures were at 53.13 dollars per barrel at 0543 GMT, down […]
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Rising US Rigs Rattle Oil PricesAs United States increases its rig operations, oil prices reacted negatively yesterday. The addition of more rigs by US energy firms for the first time this year is seen as a major sign that crude production there will rise further. US spot crude oil futures were at $53.37 per barrel down 32 cents, or 0.6 […]
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Oil prices climb as U.S. threatens sanctions against Venezuela – Daily TrustOil prices edged up on Friday as turmoil in Venezuela increased the chances of tighter global supply if the U.S. makes good on signals that it could impose sanctions on Venezuelan exports. However, fresh data on surging U.S. fuel stocks and worries about U.S.-China trade talks weighed on prices.ADVERTISEMENT Brent crude oil futures were at …
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Dragging us, our staff into politics may threaten Nigeria’s oil investments – NNPC – Daily TrustThe Nigerian National Petroleum Corporation (NNPC) has said that the ongoing attempts by politicians to drag its name into partisan politics was a potent danger to the corporation’s business interests, contract deals and MoUs which should ordinarily be insulated from politics.
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Oil price instability to persist as main grade drops 2.5% - Vanguard News NigeriaPrice of crude oil in the international market recorded another reversal, the third within a space of one week as the prices change with little or no fundamental changes in the determinants.
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