With plans to process 540,000 barrels of oil per day, the Dangote refinery is set to commence operations in the third quarter of 2022. This development...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It’s turned into a mixed session across Europe with indices giving up earlier gains initially before...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA Equity markets are recovering some of yesterday’s losses but anxiety and uncertainty continue to dominate after...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA European stock markets moved cautiously higher on Monday as investors were tempted back in after a...
Brent crude oil extended gains above $86.16 per barrel on Monday as global oil investors are projecting that supply will remain tight despite the surge in...
By Craig Erlam, Senior Market Analyst, UK & EMEA, OANDA It’s been a rollercoaster start to the year and as we head into earnings season, it’s...
The increase in Omicron variant cases has cast doubt on demand for crude oil in the near-term and trimmed gains recorded earlier in the week on...
In its latest Global Economic Prospects report, the World Bank has predicted that Nigeria’s economy will grow at a 2.5 percent rate in 2022 and 2.8...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA Federal Reserve Chairman Jerome Powell, testifying at his confirmation hearing on the Hill, soothed markets overnight in...
By Jeffrey Halley, Senior Market Analyst, Asia Pacific, OANDA It was another choppy session overnight in equity and currency markets, followed today, by another cautious Asian...