Author name: Siim

Trade Tensions Cloud Oil Outlook Despite Global Supply Headwinds

Trade Tensions Cloud Oil Outlook Despite Global Supply Headwinds

Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Jul 23, 2025, 7:00 PM CDT Oil prices extended their slide for a fourth session, with Brent stuck in a tight range near $68. Market sentiment is diverging: U.S.-based money managers are […]

Trade Tensions Cloud Oil Outlook Despite Global Supply Headwinds Read More »

Dow pops more than 200 points after Trump announces Japan trade deal: Live updates

Dow pops more than 200 points after Trump announces Japan trade deal: Live updates

We use cookies and data to Deliver and maintain Google services Track outages and protect against spam, fraud, and abuse Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services If you choose to “Accept all,” we will also use cookies and data to Develop

Dow pops more than 200 points after Trump announces Japan trade deal: Live updates Read More »

Crude Oil Prices Slip on Concerns of a Mounting Global Oil Supply Glut

August WTI crude oil (CLQ25) on Monday closed down -0.14 (-0.21%), and August RBOB gasoline (RBQ25) closed down -0.0215 (-1.00%). Crude oil and gasoline prices on Monday settled lower, with gasoline dropping to a 2-week low.  The outlook for larger crude exports from Iraq may boost global oil supplies and is weighing on prices.  Expectations

Crude Oil Prices Slip on Concerns of a Mounting Global Oil Supply Glut Read More »

Lower Oil Prices: Reduce 2025 Budget,  IMF Urges Nigeria

Lower Oil Prices: Reduce 2025 Budget, IMF Urges Nigeria

The federal government has been advised to cut down its N54.99 trillion 2025 budget to reflect a less favourable oil price environment. The International Monetary Fund (IMF), which made this call, also warned that the country remained vulnerable to external shocks despite recent macroeconomic gains. In its latest Article IV Consultation with Nigeria, the IMF

Lower Oil Prices: Reduce 2025 Budget, IMF Urges Nigeria Read More »

Oil prices: IMF urges FG to review 2025 budget outlook, warns of fiscal vulnerability

Oil prices: IMF urges FG to review 2025 budget outlook, warns of fiscal vulnerability

…Forecasts 3.4% economic growth for Nigeria in 2025 …Calls for sustained tight monetary policy, ‘robust’ FX reform …$17.4trn upstream investment required to avoid global market deficit — OPEC By Seun Ibiyemi The International Monetary Fund (IMF) has cautioned that Nigeria remains vulnerable to external economic shocks despite notable macroeconomic reforms, calling on the Federal Government

Oil prices: IMF urges FG to review 2025 budget outlook, warns of fiscal vulnerability Read More »