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Tag:
China
Fears Of Economic Slowdown Cap Crude Prices
September 19, 2022
The oil market is currently very much focused on the bearish signals, with prices reflecting fears of slowdown in China,…
China And Russia Move To Disrupt The Dollar’s Dominance In Oil Markets
September 14, 2022
Russia and China are making moves to dethrone the U.S. dollar in global oil markets. Russian and Chinese hydrocarbon giants,…
OPEC Upbeat On Global Economic Growth
September 13, 2022
Global economic growth is set to remain robust at 3.1% this year and another 3.1% next year, OPEC said on…
Oil Prices Under Pressure As Demand Concerns Mount
September 12, 2022
Oil prices started the week more than a dollar down as bearish sentiment continues to weigh on markets. Reports that…
Further OPEC+ Production Cuts Could Be Looming
September 7, 2022
OPEC+ cut oil production targets by 100,000 barrels per day for the month of October. Though the cut was minimal,…
Nigeria To Deepen Diplomatic Ties With China
August 30, 2022
Amb. Baba Ahmad Jidda, Ambassador of Nigeria to China, has reaffirmed Nigeria’s commitment to deepening cooperation with China. Jidda said…
Will Oil Prices Head Higher In 2023?
August 25, 2022
Oil prices have traded below $100 per barrel since the beginning of August. A recession could weigh further on global…
Brent Crude Zooms Towards $100 As OPEC+ Leaks That It May Cut Production Again
August 23, 2022
Crude oil prices rallied on Tuesday morning as OPEC+ leaked that it may cut oil production 'when and if Iranian…
Ranked: Top 10 Countries By Military Spending
August 21, 2022
As Russia’s invasion of Ukraine has continued, military spending and technology has come under the spotlight as the world tracked…
Russia’s War At 6 Months: A Global Economy In Growing Danger
August 21, 2022
Martin Kopf needs natural gas to run his family’s company, Zinkpower GmbH, which rustproofs steel components in western Germany. Zinkpower’s…
Oil Dips As Fear Of Recession Prevails On Market
August 19, 2022
Crude prices opened lower on Friday morning as recession fears persist. As of 9:00 a.m. ET on Friday, WTI Crude…
WTI Crude Falls To Lowest Level Since January
August 17, 2022
Crude oil prices fell further on Tuesday, with WTI falling to its lowest benchmark price since January this year. Crude…
Barclays Slashes Oil Price Forecast To $103 Per Barrel
August 16, 2022
Barclays has slashed its Brent oil price forecast by $8. The bank noted that persistent Russian oil supply and an…
US Congress Members Meet Taiwan Leader Amid China Anger
August 15, 2022
Taiwan’s President Tsai Ing-wen met Monday with a delegation of U.S. Congress members in a further sign of support among…
Oil Prices Fall As Demand Concerns Persist
August 13, 2022
Crude prices fell on Friday morning, erasing some gains as traders remain cautious to go long on crude again. August…
Analyst: Oil To Hit $120 Again By Winter
August 8, 2022
While oil and gas prices may continue to weaken in the near term, by the time winter sets in, the…
Footballer Turay Misses Own Wedding To Seal Transfer Deal To Swedish Club
August 7, 2022
A Sierra Leonean professional striker Mohamed Turay is currently in the news after he missed his own wedding to seal a…
Recession Fears Take Hold Of Oil Markets
August 6, 2022
Oil prices are back around the levels they were at before Russia invaded Ukraine, highlighting that a global recession and…
China Halts Climate, Military Ties Over Pelosi Taiwan Visit
August 5, 2022
China on Friday said it is canceling or suspending dialogue with the United States on a range of issues from…
China Summons European Diplomats Over Statement On Taiwan
August 5, 2022
China says it summoned European diplomats in the country to protest statements issued by the Group of Seven nations and…
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