U. S. oil prices fell on Friday after government data released late on Thursday showed stockpiles rose last week for a seventh straight week, although losses were muted as inventory growth was well...
U. S. stock index futures rose to record intraday highs on Tuesday as oil prices surged and investors assessed earnings from top U.S. retailers. Wal-Mart's (WMT.N) shares were up 1.5 percent at...
U. S. shale producers are facing their first production cost increase in five years in 2017 as industry activity picks up and energy service providers hike fees to take a bigger share of the profits...
World stocks hit an all time high on Thursday as the latest round of robust global data matched hopes that major economies like the United States will soon be serving up large helpings of fiscal...
This is in response to a claim by a former deputy CBN chief who said 20% of the currency used by Africa’s most populous nation was fake and that was adversely affecting the economy. ‘‘Twenty...
Militant attacks on key oil facilities last year reduced Nigeria's output by one million barrels per day, resulting in a revenue loss of up to $100 billion (94 billion euros), according to the...
British consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled by higher global oil prices and the Brexit-fuelled fall in the pound, official data...
Russia is close to finalising a deal to build helicopters in India, an executive said Tuesday, a move that would boost Narendra Modi's ambitions to manufacture defence hardware locally. India is the...
A former head of Nigeria's state-run oil firm is under investigation after almost $10 million in cash was found at a property he owns. Anti-corruption agency the Economic and Financial Crimes...
The OPEC oil cartel has implemented more than 90 percent of its agreed output cuts aimed at curbing a glut on world markets, Kuwait's oil minister said on Monday. OPEC and non-OPEC producers...
Asian stocks rallied to 1-1/2-year highs on Monday, helped by renewed hopes over U. S. President Donald Trump's tax reform plans, generally upbeat global economic data and a rebound in some...
An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing the reduction for just six months means the producer group will fall short...
European shares rose to within striking distance of their highest levels in more than a year on Friday while the dollar was buoyant as investors cheered upbeat Chinese trade data and hopes of...
The current falling Treasury bill rates will not reflect a drop in the cost of credit in Ghana, Ecobank Research has stated in its latest analysis of the Ghanaian economy. According to the report, it...
Oil prices slid on Wednesday to extend falls from the previous session, as a big increase in U. S. crude inventories and a slump in Chinese demand implied that global oil markets remain oversupplied...
The increasingly unpredictable French presidential election race unnerved European financial markets on Tuesday, tipping the euro towards its biggest fall this year and driving investors away from...
Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and as concerns rose that new U. S. sanctions against Iran could be extended to affect crude...
Former president J. A. Kufour has bemoaned Ghana’s inability to capitalise on its oil find to become a nation that rubs shoulders with other oil producing countries. According to him, “although...
Oil prices edged up on Friday on news that U. S. President Donald Trump could be set to impose new sanctions on multiple Iranian entities, firing geopolitical tensions between the two nations....
Oil prices fell on Thursday after official data showed U. S. crude and gasoline stockpiles rose sharply, although signs that OPEC and other producers are holding the line on output cuts helped...
