Oil drilling rigs Oil prices settled higher on Friday but recorded a weekly loss amid uncertainty surrounding trade negotiations between the US and China and the potential for increased supplies from OPEC+. Brent crude futures for June delivery gained 0.48%, or 32 cents, to settle at $66.87 a barrel, trimming their weekly losses to 1.6%. […]
Oil rises, posts weekly loss Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Apr 21, 2025, 3:45 AM CDT Crude oil prices began trade this week with a decline amid diminished hopes for a quick end to the war in the
Oil Prices Begin the Week With a Dip Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Apr 21, 2025, 2:46 AM CDT Russia’s Economy Ministry has lowered its forecast for oil prices this year in an update for its baseline scenario, reflecting the latest
Russia’s Economy Ministry Lowers 2025 Oil Price Forecast Read More »
Global crude oil prices have surged past the $65 per barrel mark, marking a notable recovery for Brent and Nigerian oil blends from an early April dip. The post Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70 appeared first on Nairametrics… https://nairametrics.com/2025/04/20/brent-and-nigerian-oil-blends-stage-recovery-above-65-per-barrel-eye-70/
Brent and Nigerian oil blends stage recovery above $65 per barrel, eye $70 Read More »
USD/CAD gains support following hawkish remarks from Federal Reserve Chair Jerome Powell. CME FedWatch Tool suggested that traders are now anticipating the first rate cut in July. The commodity-linked CAD may find support from stronger crude Oil prices. USD/CAD halts its two days of losses, trading around 1.3860 during the Asian hours. However, market activity
USD/CAD moves above 1.3850, upside seems restrained due to improved Oil prices Read More »
MANILA, Philippines — Gasoline and diesel prices are expected to increase next week due to US sanctions against Iran and a plan by some OPEC member countries to cut oil production, local industry sources said on Friday. They said that diesel prices may go up between P1.10 to P1.40 per liter and gasoline between P1.30
Gasoline, diesel price hike seen next week Read More »
![Oligui Nguema: A breakthrough or continuity for Gabon? [Business Africa]](https://ebtl.eu/wp-content/uploads/2025/04/3955-oligui-nguema-a-breakthrough-or-continuity-for-gabon-business-africa.jpg)
This week on Business Africa: Gabon enters a new political era with a focus on economic diversification priorities, featuring Mr. Jean Gaspard Ntoutoume Ayi, spokesperson for President Oligui. In Uganda, the invasion of imported products threatens local agriculture. Finally, the drop in oil prices shakes the African economies dependent on black gold. Gabon: Challenges and
Oligui Nguema: A breakthrough or continuity for Gabon? [Business Africa] 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 – Apr 15, 2025, 7:00 PM CDT Goldman Sachs argues that excluding oil and gas companies from ESG portfolios is a strategic mistake. Major oil firms like Exxon, Shell, and Aramco are ramping
Goldman Sachs: Excluding Big Oil from ESG Portfolios is a Mistake 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 – Apr 15, 2025, 4:01 PM CDT The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.4 million barrels for the
Crude Oil Products Inventories Plummet But Oil Prices Still Down Read More »
A pump attendant fueling a car at a petrol station along koinange street.[Wilberforce Okwiri,Standard] The Energy and Petroleum Regulatory Authority (Epra) has decreased fuel prices in the latest monthly pricing guidelines. In the review released on April 14, the super petrol price has decreased by Sh1.95 to sell at Sh 174.63, while diesel decreased by Sh2.20,
Relief at the pump as fuel prices drop in latest EPRA review Read More »
