Crude Oil dips back near $71.00 as markets price in a fresh string of events in Israel. US Secretary of State Blinken tries to step up diplomatic efforts, attempting to broker deal in favor of Harris. The US Dollar Index finds support at 104.00 ahead of US Durable Goods. Crude Oil price is havig a […]
Crude Oil jumps over 1% and pops back above $71 Read More »
Minister of Aviation and Aerospace Development, Mr Festus Keyamo Nigeria Unveils 150 million-litre Jet Fuel Depot The Minister of Aviation and Aerospace Development, Festus Keyamo, has unveiled the Joint User Hydrant Installation 2 (JUHI-2) with a storage capacity of 150 million litres of Jet A1 fuel. The facility is described as the largest airside jet
Nigeria Unveils 150 million-litre Jet Fuel Depot Read More »
Key Insights on the Base Oil Prices Trend – Second Quarter The Base Oil Prices is primarily driven by fluctuations in crude oil prices, which directly impact production costs. As crude oil is the main feedstock for Base Oil production, any increase in its price leads to higher Base Oil prices. In addition, geopolitical tensions
Base Oil Prices: Latest Trend, Historical & Forecast Analysis 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 – Oct 16, 2024, 1:36 AM CDT After losing virtually all gains made last week on Tuesday, oil prices started Wednesday’s trade with hesitant gains as traders refocused on
Oil Prices Begin to Climb as Traders Refocus on the Middle East Read More »
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Oil prices slump after China offers little detail on stimulus plans Read More »
MANILA, Philippines — Oil companies are poised to implement a big-time price hike this week. Shell, Cleanfuel, Caltex, and Seaoil announced Monday that the prices of gasoline will go up by P2.65 per liter, diesel by P2.70 per liter and kerosene by P2.60 per liter. The price adjustments will take effect on Tuesday, October 15.
Oil firms to impose big-time fuel price hike Read More »
The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have had a volatile few days, but all are eyeing a fifth-straight weekly win. The beginning of the week was unsettling as oil prices and Treasury yields rose, sending the Cboe Volatility Index (VIX) back above the key 20 level. By midweek,
Breaking Down This Week’s Volatile Price Action Read More »
Global investment bank UBS remains optimistic about market prospects despite escalating geopolitical tensions in the Middle East. While fighting between Israel and Hezbollah and missile attacks from Iran have caused concern, oil prices are stable, gold remains near record highs, and U.S. recession fears are easing… https://news.bitcoin.com/ubs-maintains-optimism-in-markets-amid-middle-east-uncertainty/
UBS Maintains Optimism in Markets Amid Middle East Uncertainty Read More »
NEW YORK — U.S. stocks slid Monday after Treasury yields hit their highest levels since the summer and oil prices continued to climb. The S&P 500 dropped 1%, though it’s still close to its all-time high set a week earlier. The Dow Jones Industrial Average fell 398 points, or 0.9%, coming off its own record,
nginx https://guardian.ng/news/world/oil-prices-extend-upward-march-on-mideast-tensions/
Oil prices extend upward march on Mideast tensions Read More »
