Oil prices edge high as cautious trade-pact optimism provides a floor
Businessam Staff
November 27, 2019
Oil prices edged higher Wednesday, on a path for a fifth gain out of six sessions, as cautious optimism for a trade pact between the
Oil holds near two-month high on OPEC+ extension expectations
Businessam StaffNovember 22, 2019
Oil prices held near two-month highs on Friday, set for a third consecutive week of gains on expectations of an extension to OPEC+
Growth in global oil demand to slow from 2025 – IEA
Businessam StaffNovember 13, 2019
Global oil demand growth is expected to slow from 2025 as fuel efficiency improves and the use of electrified vehicles increases but
US-China trade war sees oil rises further above $62
Businessam StaffNovember 12, 2019
Oil rose further above $62 a barrel on Tuesday, supported by hopes that US President Donald Trump may signal progress on trade talks
Oil prices extend decline as Saudi promises speedy restoration of production output
Businessam StaffSeptember 18, 2019
Oil prices extended decline to Wednesday as Saudi Arabia said it would quickly restore full production following last weekend’s
Winners and losers from surging oil prices
Businessam StaffSeptember 17, 2019
By Lukman Otunuga The explosive appreciation in oil prices could not have come at a more testing period for the global economy
Oil edges lower, but hopes on easing trade tensions cap losses
Businessam StaffAugust 20, 2019
Oil prices edged lower on Tuesday on persisting concerns over demand, but optimism U.S.-China trade tensions will ease and hopes major
Oil prices gain after days of decline
Businessam StaffAugust 16, 2019
Hope rises for oil exporting countries as crude oil rose on Friday after two days of declines, buoyed following data showing a rise in
$482m external reserves decline linked to falling oil prices
Businessam StaffAugust 14, 2019
Nigeria’s external reserves dropped by $482.18m from N45.14bn as of July 8 to $44.65bn as of August 8, latest statistics from the