Markets
European Markets Soar to New Heights Amid Upbeat U.S. Debt Ceiling Talks
Crude Oil
Saudi Arabia’s Output Cut Pledge Outweighs Weak Chinese Data and Rising US Fuel Stocks, Pushing Oil Prices Higher
The oil market faces a potential massive shortfall as Saudi Arabia’s surprise decision to deepen output cuts overrides concerns over Chinese export data and growing US fuel inventories.
Markets
Weak Global Trade Weighs on Chinese Exports, Australian Growth Slows, Oil Slips Further
European indices and US futures look a little flat following a mixed session in Asia overnight, as Chinese trade data failed to inspire while Australian GDP pointed to further pain as the RBA continues raising rates.
Crude Oil
Global Oil Prices Appreciate to $77.85 After Saudi Announces Plan to Cut Production
Global oil prices appreciated on Monday morning following Saudi Arabia’s announcement that it will cut crude oil production by 1 million barrels per day (bpd) from the month of July to curb global economic headwinds weighing on the market.
-
Technology4 weeks ago
Apple And Google Collaborate to Stop Unwanted Tracking of People by Bluetooth Devices
-
Appointments6 days ago
Wema Bank Plc. Appoints Dr. (Mrs.) Oluwayemisi Olorunshola as Board Chairman
-
Fintech4 weeks ago
WhatsApp Users in Singapore Can Now Pay Local Businesses Through Chat
-
Finance1 week ago
Zenith Bank Maintains Position as Best Corporate Governance Financial Services’ in Africa for the Fourth Consecutive Time
-
Banking Sector2 days ago
International Banker Award 2023: Ebenezer Onyeagwu Named Best Banking CEO of The Year in Africa
-
Telecommunications4 weeks ago
Airtel Africa plc’s Customer Base Grows to 140 Million, Fueled by Mobile Data and Mobile Money Services
-
Banking Sector3 weeks ago
Zenith Bank Executive Director Acquires 4.04 Million Shares, Reinforces Confidence in Bank’s Growth
-
Cryptocurrency4 weeks ago
Pepecoin Traders Remain Bullish Despite Recent Price Correction; Whales Continue to Accumulate