Oil prices inched up yesterday as Saudi oil minister, Khalid al-Falih, assured that an end to OPEC-led supply cuts was unlikely before June and a report of falling U.S. drilling activity. Despite this, markets were somewhat held back after U.S. employment data raised concerns that an economic slowdown in Asia and Europe was spilling into […]
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Oil prices rise on ongoing OPEC-led supply cuts - Premium Times NigeriaCrude oil prices rose marginally on Monday, driven by comments from Saudi Arabian oil minister, Khalid al-Falih, that an end to the OPEC-led supply cuts
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Oil Prices Down On Weak Demand Growth OutlookOil prices dropped yesterday as markets eyed only modest prospects for growth in fuel demand, although OPEC-led efforts to cut output still offered some support. U.S. West Texas Intermediate (WTI) crude oil futures were at $56.30 per barrel down 29 cents, or 0.5 per cent from their last settlement, while Brent crude futures were at […]
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Oil prices slide as economic outlook darkens – Daily TrustOil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned overnight of continued weakness and fresh data showed Chinese exports and imports slumped last month. With surging U.S. supply also unsettling markets, international benchmark Brent crude futures were at 65.78 dollars per barrel at 0528 GMT, …
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Oil Prices Slide As Economic Outlook Darkens, U.S. Supply SurgesOil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned overnight of continued weakness and fresh data showed Chinese exports and imports slumped last month. With surging U.S. supply also unsettling markets, international benchmark Brent crude futures were at 65.78 dollars per barrel at 0528 GMT, […]
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Oil exports restart on 150,000 bpd Nembe Creek Oil Export pipeline after repairsRestoration of normal operations allays fears of a major disruption of oil exports on the pipeline
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Man Utd freeze ticket prices for eighth consecutive season – Daily TrustManchester United have frozen their season ticket and match ticket prices for the eighth consecutive season, the Premier League club said yesterday. United have 53,000 season ticket holders and more than 100,000 people on the waiting list. “The support from our fans and the atmosphere they generate is incredible, so we’re delighted to be freezing …
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IMO 2020 sulfur cap pushes up prices of secondhand tankers - Vanguard News NigeriaThe new sulfur emission norms for marine fuels have pushed up t prices of secondhand tankers, particularly the Long Range II, which is in strong demand according to shipping industry executives.
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Aiteo faults NOSDRA over Nembe oil well fire - Vanguard News NigeriaAiteo Eastern Exploration and Production Company, AEEPCo, yesterday faulted claims by the National Oil Spill Detection and Response Agency, NOSDRA, that it is trying to frustrate investigation into the fire incident in one of its facilities in Nembe, Bayelsa State.
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