Oil Prices Steady as Markets Eye U.S. Federal Reserve Rate Cut and Middle East Tensions
Oil prices stabilized on Wednesday after a two-day rally, as investors await the U.S. Federal Reserve’s expected interest rate cut ...
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Tag: #Oil
Nigeria’s Crude Oil Production Rises to 1.352mbpd in August, OPEC Report Shows
Nigeria’s crude oil production increased marginally from 1.307 million barrels per day (mbpd) in July to 1.352mbpd in August 2024, ...
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Oil Prices Edge Higher Amid Hurricane Francine Disruptions in U.S. Production
Oil prices climbed during Asian trade on Thursday, driven by concerns over Hurricane Francine's impact on U.S. oil production, the ...
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NNPCL Admits Financial Strain Could Disrupt Petrol Supply as Debt Reaches $6 Billion
Nigeria National Petroleum Company Limited (NNPCL) has acknowledged that its ongoing financial challenges may jeopardize the sustainability of petrol supply ...
Read moreOil Prices Stabilize Amid Fed Rate Cut Hopes Despite Weak Economic Data
Crude oil markets experienced a temporary reprieve on Thursday following a significant sell-off that had occurred in the previous session. ...
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Oil Prices Steady as Investors Await U.S. Consumer Price Data Amid Strong Summer Demand
Oil prices remained stable on Tuesday following a rise in the previous session, with investors showing caution ahead of the ...
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