Crude oil prices posted modest gains on Monday following a 5 percent year-on-year rebound in China’s March import volumes. The recovery was driven by increased in...
Goldman Sachs has raised its year-end price forecast for gold to $3,700 per ounce due to strong exchange-traded fund (ETF) inflows and increased central bank purchases....
The South African rand, Indonesian rupiah, and Colombian peso recorded losses last week as heightened trade tensions triggered renewed investor retreat from emerging markets. The sell-off...
Global oil prices remained largely stable on Friday but extended their decline for a second consecutive week as investor sentiment weakened further due to escalating trade...
Dangote Petroleum Refinery has announced a reduction in its petrol price to ₦865 per litre following the Federal Government’s directive to fully implement the Naira-for-Crude policy...
The Federal Government has reinstated the crude and refined product sales in naira initiative, a strategic move that may enable Dangote Refinery to resume domestic sales...
The Federal Executive Council (FEC) has directed the full implementation of the suspended Naira-for-Crude agreement involving local refiners. The Naira-for-Crude deal, which includes the Federal Government,...
Brent crude dropped below $60 per barrel on Tuesday hitting its lowest level in four years as U.S. President Donald Trump’s latest round of tariffs fueled...
Goldman Sachs has warned that Brent crude prices could fall below $40 per barrel in an extreme downside scenario triggered by a global economic slowdown and...
Crude oil prices continued downward on Monday as trade tensions between the United States and China raised concerns over a global economic slowdown. The decline pushed...
