News One of the members of the NPP communications team, Benjamin Gyewu-Appiah, who had disclosed that he was going to take his life if NPP loses the election has changed his mind. Gyewu-Appiah had declared a few days before the election that he would douse himself in kerosene and light himself on fire if NDC
The Central Bank of Kenya’s (CBK) latest Monetary Policy Meeting Report predicts a rise in cooking oil prices over the next three months. The report, released on Monday, December 9, attributes the expected increase to high global market prices. Since most raw materials used to produce cooking oil are imported, the price hike is anticipated
CBK Predicts Cooking Oil, Maize Flour Prices to Rise Over Next Three Months Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Dec 07, 2024, 6:00 PM CST Oil prices fell on Thursday, a day after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of
Oil Markets Remain Lackluster Despite Positive OPEC+ Meeting Read More »
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Oil prices on track for weekly loss after OPEC+ fails to soothe supply worries Read More »
Michael Kern Michael Kern is a newswriter and editor at Safehaven.com and Oilprice.com, More Info Premium Content By Michael Kern – Dec 06, 2024, 8:30 AM CST Despite OPEC+ postponing its planned production increases until 2025, oil prices remain under pressure due to demand uncertainty. In a widely anticipated move, OPEC+ postponed its planned supply
Oil Prices Under Pressure Despite OPEC+ Decision Read More »
By Haley Zaremba – Nov 30, 2024, 2:00 PM CST Offshore oil projects are experiencing a resurgence due to higher prices, leading to a boom in the floating rig business. The World Bank predicts a historic oil glut due to factors like rising electric vehicle sales and continued OPEC+ overproduction. This glut could lead to
A Looming Supply Glut Could Undermine the Offshore Oil Boom Read More »
From Tesla chargers in the ancient alleys that surround the Forbidden City in Beijing to lonely highway rest stops with charging posts in the western deserts, signs of the electrification of China’s transport fleet — and the demise of gasoline — are everywhere. Author of the article: Bloomberg News Bloomberg News Published Nov 27, 2024
China’s EV Boom Threatens to Push Gasoline Demand Off a Cliff Read More »
The oil and gas sector remains a cornerstone of the Nigerian economy, influenced by global crude oil price trends, policy shifts, and macroeconomic factors. Within this sector, Seplat and Aradel Holdings stand out as key players, offering unique value propositions to both income-focused and growth-seeking investors. For those considering an investment in either company, assessing
Seplat vs. Aradel Holdings: Which performed better in nine months 2024? Read More »
Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Nov 21, 2024, 3:20 PM CST Oil prices took the bumpy road upwards today, proving once again that global crude markets lack stability. West Texas Intermediate (WTI)
Oil Prices Get a 2% Boost Amid Geopolitical Drama Read More »
Nigerians lament as kerosene price hits ₦2,000/litre Tinubu swaps varsity leaderships in FUOYE and Lokoja ACF blames the Northern leaders for the word of the region US-based Nigerian sentenced to six years in jail for $6 million scam Petrol landing cost crashes, reducing petrol price from ₦1,120/litre Across Nigeria’s 36 states and the Federal Capital
Top 5 Stories Of The Day | Nigerians Lament as Kerosene Price Hits ₦2,000/litre Read More »
