November 28, 2025

WTI holds ground near $59.00 as eyes on Russia-Ukraine peace talks

WTI holds ground near $59.00 as eyes on Russia-Ukraine peace talks

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West Texas Intermediate (WTI) Oil price remains in the positive territory for the third successive session, trading around $59.00 per barrel during the Asian hours on Friday. Crude Oil prices edge higher as traders monitor progress in Russia-Ukraine peace talks. Russian President Vladimir Putin indicated that proposals from US President Donald Trump could help shape […]

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Cooking Oil Prices Set for Relief After Court Quashes 10% Palm Oil Duty

Cooking Oil Prices Set for Relief After Court Quashes 10% Palm Oil Duty

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Kenyans have secured a supposed victory after the High Court declared the government’s decision to impose a 10 percent import duty on crude palm oil unconstitutional. The ruling, delivered by Justice Bahati Mwamuye on Thursday, halted a policy that had triggered an immediate spike in the cost of basic household commodities. Justice Mwamuye ruled that

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Petrobras Trims Five-Year Plan to $109 Billion on Low Prices

Petrobras Trims Five-Year Plan to $109 Billion on Low Prices

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34n1gtf[[rx(a)jlhnma0}1a_media_dl_1.png Petrobras Article content (Bloomberg) — Brazilian oil major Petrobras announced a 2% decrease in its next five-year investment plan to $109 billion in a move to shield its cash flow at a time of lower international oil prices.  THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your

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Low oil prices and tariffs result in $6.4-billion projected second-quarter Alberta deficit

Low oil prices and tariffs result in $6.4-billion projected second-quarter Alberta deficit

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Finance Minister Nate Horner released prognostications for the second-quarter with a fiscal update Thursday, portraying a softening economy and laying it at the feet of tariffs imposed by U.S. President Donald Trump. Published Nov 27, 2025 7 minute read Finance Minister Nate Horner. Photo by David Bloom /Postmedia, file Article content Oil prices are down,

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