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 »
Oil drilling rigs Oil prices witnessed recently significant fluctuations, with Brent crude falling below $60 per barrel for the first time in years. This decline was driven by escalating trade tensions between the US and China, concerns over a potential drop in global demand, and OPEC+’s decision to increase production starting in May. However, markets
Experts warn of trade tensions on oil demand Read More »
Agricultural commodities are having a bad time of it lately. Whether it’s corn, cocoa or coffee, crops worldwide are being pressured increasingly by unpredictable weather patterns. The latest victim – or multiple victims – are vegetable oils. The prices of rapeseed, sunflower and palm oil have all tracked upwards in recent months due to climate
Vegetable oil prices rise amid tariff chaos and climate pressures Read More »
On April 9, 2025, 4:39 AM U.S. gasoline futures slid 1.37% today, adding to a 13.3% decline since Trump’s tariff announcement on April 2, with prices reflecting the broader oil market rout. Trump hailed the drop in gasoline prices as a consumer win, claiming it would tame inflation. However, experts counter that his tariffs—disrupting global
Oil Prices Continue to Fall Read More »
There is uncertainty over implementation of the 2025 budget as the global oil price has fallen massively below the projected benchmark of $75 per barrel. President Bola Ahmed Tinubu had in February signed the 2025 budget of N54.9 trillion. Tinubu benchmarked the 2025 budget at an average price of $75 per barrel, but the bench
‘Oil price drop to affect road construction, social interventions, others’ Read More »
Oil drilling rigs Oil prices extended their losses on Friday, falling by more than 6% following China’s retaliatory measures in response to the sweeping tariffs announced by President Trump earlier this week. China announced its intention to impose a 34% tariff on all imports from the United States starting April 10. Brent crude futures for
Oil prices deepen losses, drop over 6% Read More »
