Global oil prices fell on Thursday as the United States Federal Open Market Committee (FOMC) raised interest rates by 75 basis points on inflation concerns. This...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Unless you were living on Mars, and even there they probably heard the news, the FOMC hiked...
Nigeria struggles to ramp up crude oil production in the month of May despite rising oil prices, the latest report from the Organization of the Petroleum...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA We’re seeing a modest recovery in equity markets ahead of some key central bank meetings but...
Brent crude oil, against which Nigerian oil is priced, appreciated by 0.9% to $123.21 per barrel at 12:00 pm Nigerian time amid concerns over tight global...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA A market perpetually looking for reasons to temper Federal Reserve hiking expectations (so they can buy equities),...
Shell Plc is expected to finalize offers from Heirs Oil and Gas Ltd and ND Western Ltd today for its onshore oil and gas projects in...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA We’re seeing no shortage of risk-aversion in European markets at the end of the week while...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA European stocks are tumbling on Thursday as the ECB laid the groundwork for multiple rate hikes...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA Stock markets have endured another negative day in Europe as investors await tomorrow’s hotly-anticipated ECB meeting....
