It’s just three months until olive oil prices will be lower on supermarket shelves (Image: Getty Images) That’s what major retail supplier Filippo Berio is predicting for consumers – just three months until cheaper olive oil prices Scorching temperatures and a drought in Spain, a country that supplies 50% of global olive oil production, led […]
3 months until cheaper olive oil hits supermarket shelves Read More »
On February 4, 2025, 5:45 AM Crude oil prices began trade this week with a gain following President Trump’s announcement of 25% tariffs on most Canadian and all Mexican exports to the United States. In mid-morning trade in Asia, Brent crude was changing hands for $76.16 per barrel and West Texas Intermediate was trading at $73.75 per barrel, both
Oil Prices Start the Week Higher Following Trump’s Tariffs Read More »
US President Donald Trump has his sights set on oil prices as a way of targeting Russia’s finances to end its war in Ukraine. Ahead of a scheduled meeting of the Organization of the Petroleum Exporting Countries (OPEC+) on Monday night (AEDT), Trump reiterated calls for it to “drop the price of oil”, after which
Donald Trump’s tactic to end the Ukraine war — and whether it would impact Australia Read More »
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Dow futures tumble, oil surges after Trump tariffs end ‘self-delusion in markets’ Read More »
Is there, as the new American administration claims, a “national energy emergency“? Are the fetters about to come off the US fossil fuel sector and a new era of booming production commence, as per Donald Trump’s executive order? In short, no. Under the allegedly disastrous Biden administration, the average price of Brent crude oil, forecast
A ‘national energy emergency’ with no emergency and not much consequence Read More »
Trump Asks Saudi to Lower Oil Prices to End Russia-Ukraine War, NATO Gets US Dressing Down At Davos Last Updated: January 24, 2025, 00:10 IST India Crux At the WEF in Davos, Donald Trump urged Saudi Arabia and OPEC to lower oil prices, claiming it would immediately end the Ukraine war. He emphasized Ukraine’s readiness
On January 23, 2025, 2:19 AM Oil prices fell for the second consecutive day on Tuesday, with market experts attributing the decline to the bearish nature of President Trump’s “Drill, Baby, Drill” agenda on oil prices. True to word, Trump signed an executive order on Monday repealing former President efforts to block oil drilling in the Arctic
Oil Majors Borrow Billions for Buybacks as Production Wanes Read More »
By Jeleel Olawale An economist, Dr. Muda Yusuf has declared that there may be significant increase in United States of America oil production which may depress oil prices in the global market. He said the USA may put pressure on major oil producers including OPEC to boost production in order to reduce energy cost, adding
…As crude oil prices respond to Trump’s inauguration Some filling stations in Lagos yesterday adjusted pump price of the premium motor spirit (PMS) otherwise known as petroleum. This followed the hike in ex-depot price following the recent rise in price of crude oil in the international market. SPONSOR AD Crude oil prices have risen sharply
Filling stations adjust petrol pump prices in Lagos Read More »
Dangote Petroleum Refinery has made a significant and commendable decision to absorb a substantial portion of rising global oil prices, ensuring that Nigerians continue to benefit from stable fuel costs despite a surge in international crude prices. Africa’s first private refinery, which disclosed this in a statement by its Group Chief Branding and Communications Officer,
Dangote Refinery sacrifices profit margins to shield Nigerians from soaring fuel prices Read More »
