USD/CAD trades near the 1.3900 zone in a tight range ahead of the weekend Contradictory US-China tariff headlines and resilient oil prices shape sentiment Resistance is seen at 1.3893 and 1.3986, with support at 1.3855 The USD/CAD pair holds steady around the 1.3900 zone on Friday as markets weigh fresh US-China trade headlines and stronger […]
USD/CAD holds firm as mixed trade headlines cloud USD outlook Read More »
The Minister of Women Affairs, Imaan Sulaiman-Ibrahim, has raised concern over the alarming number of Nigerian women over 80,000 who die annually from toxic smoke inhalation caused by traditional cooking methods such as firewood and kerosene stoves. Speaking during a stakeholders’ engagement on women’s access to clean energy in Abuja, the minister decried the social
Over 80,000 Nigerian women die annually from toxic cooking smoke – Minister Read More »
Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but losses were curbed following a report that U.S. President Donald Trump may cut tariffs on Chinese imports. Brent crude futures settled down $1.32, or 1.96%, at $66.12 a barrel, while U.S. West Texas Intermediate crude
Oil falls 2% after sources say OPEC+ mulls accelerating output Read More »
Oil tanks US crude oil inventories increased for the fourth consecutive week, albeit at a slower pace. Meanwhile, gasoline stockpile fell more than expected, tumbling for the eighth successive week. Crude oil inventories rose by 200,000 barrels in the week ended on April 18, compared to the expectations for a rise by 600,000 barrels, according
US gasoline inventories lose 4.5 mln barrels Read More »
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Oil rises 1% on Iran sanctions, drop in US crude stocks Read More »
Despite recent reductions, petrol prices from the Dangote Petroleum Refinery remain relatively high when compared to the global drop in crude oil prices, according to a new report by S&P Global. This pricing strategy, analysts say, has made fuel importation into Nigeria more attractive for marketers. The 650,000 barrels per day refinery, located in Lekki,
Dangote’s fuel prices still high despite global crude slump — S&P Global 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 Premium Content By Irina Slav – Apr 16, 2025, 7:00 PM CDT Oil price recovery remains fragile amid continued tariff tensions. Oil-exporting nations are under pressure, including Angola, Nigeria, and Saudi Arabia,
Oil Prices Are Recovering, But Can Exporters Outlast the Tariff Circus? Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Apr 16, 2025, 6:00 PM CDT President Trump’s tariff-driven price slump threatens America’s hard?won petroleum export surplus. Ongoing tariff uncertainty and volatile oil prices
Trump’s Tariffs Just Torched His Own Energy Agenda Read More »
Dangote Petroleum Refinery has announced a further reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol. The new price is set at N835 per litre, down from N865 per litre, marking a 3.5 per cent decrease. This price adjustment follows the recent decline in global crude oil prices, which have
Again, Dangote Refinery reduces petrol price by 3.5% to N835 per litre Read More »
The rupee had risen sharply by 58 paise in the preceding session on April 11, 2025. File | Photo Credit: Reuters The rupee stayed firm and appreciated 26 paise to 85.54 against the U.S. dollar in early trade on Wednesday (April 16, 2025) on the back of a massive inflow of foreign capital, a weak
Rupee appreciates 26 paise to 85.54 against U.S. dollar in early trade Read More »
