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Oil prices could tip over $80 ‘within days’ as Israel vows retaliation

Oil prices could tip over $80 ‘within days’ as Israel vows retaliation

6:08PM Signing off… Thanks for joining us today. The Markets blog will be back in the morning from around 7am. But you can keep up-to-date with the latest business news and commentary here. 5:57PM Markets stable as investors mull Israel’s next steps MSCI’s global equities index was up very slightly today, as investors anxiously watched […]

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As Bettering Nigeria’s Oil And Gas Industry Lies At The Core Of PENGASSAN’s PEALS Summit 

As Bettering Nigeria’s Oil And Gas Industry Lies At The Core Of PENGASSAN’s PEALS Summit 

 Nigeria’s oil and gas industry has long been a cornerstone of the country’s economy, generating substantial revenue and supporting millions of jobs.  However, the sector is also riddled with challenges, from fluctuating global oil prices and environmental concerns to regulatory pressures and internal inefficiencies.  In the midst of these challenges, the Petroleum and Natural Gas

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How Money Printing, Oil Prices Crash Harmed Economy – Cardoso

How Money Printing, Oil Prices Crash Harmed Economy – Cardoso

Posted by African Examiner Business News, Latest Headlines Wednesday, September 25th, 2024 (AFRICAN EXAMINER) – The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has again blamed the monetary policies of his predecessor, Godwin Emefiele, for the current economic situation of the country. Cardoso stated this at a press briefing on Tuesday at

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Arab Gulf Producers Are in Need of Much Higher Oil Prices

Arab Gulf Producers Are in Need of Much Higher Oil Prices

Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Sep 24, 2024, 7:00 PM CDT Gulf Cooperation Council (GCC) countries face budgetary deficits as current oil prices remain below what is needed to balance their budgets. IMF: Saudi Arabia now needs

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Nigeria’s central bank surprises with fifth rate hike this year

Nigeria’s central bank surprises with fifth rate hike this year

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China startup’s kerosene-powered rocket fails test flight

China’s Deep Blue Aerospace said on Sunday its first-of-its-kind reusable kerosene-fuelled rocket, Nebula-1, failed to complete a high-altitude vertical recovery test flight in the country’s northern region of Inner Mongolia, crashing at the final stage. The private rocket startup’s spacecraft completed 10 of its 11 tasks, the company said in a statement, with its three

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