World Bank Warns Rising Global Oil Prices Could Add 3.1 Points to Nigeria’s Inflation
The World Bank has warned that the ongoing surge in global oil prices could directly add around 3.1 percentage points ...
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Tag: #OilPrices
Bonny Light Hits $120 as Naira Faces Pressure Amid US-Iran Tensions
Crude oil prices surged this week due to the ongoing US–Iran conflict, with Bonny Light crude reaching $120 per barrel. ...
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Oil Above $100 Could Slow Global Growth, Fuel Inflation – EBRD Warns
The European Bank for Reconstruction and Development (EBRD) has warned that a sustained rise in oil prices above $100 per ...
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Oil Prices Rise Over $1 as Middle East Conflict Fuels Supply Concerns
Global oil prices climbed by more than $1 per barrel on Thursday, recovering from losses in the previous session as ...
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Global Stocks Dip as Middle-East Tensions Push Oil Prices Higher
Global stocks and bonds edged lower while oil prices climbed as persistent tensions in the Middle East and mixed signals ...
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Oil Prices Drop Nearly 4% Amid Ceasefire Hopes in Middle East
Global oil prices fell by about 4% on Wednesday following growing expectations of a possible ceasefire that could ease supply ...
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Global Markets Rally as Oil Prices Drop on Hopes of Easing Middle East Tensions
Global equities climbed while oil prices declined after renewed diplomatic efforts by the United States raised cautious optimism that tensions ...
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IMF Warns Iran War Could Drive Global Inflation Surge
The International Monetary Fund (IMF) has raised concerns over the economic impact of the ongoing conflict involving Iran, warning that ...
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NNPC Moves to Boost Crude Supply to Dangote Refinery Amid Rising Global Oil Prices
The Nigerian National Petroleum Company Limited has intensified efforts to ensure a steady supply of crude oil to the Dangote ...
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CBN Governor Warns Geopolitical Tensions Could Influence Nigeria’s Interest-Rate Decisions
Nigeria’s Central Bank Governor, Olayemi Cardoso, has warned that escalating geopolitical tensions involving the United States, Israel, and Iran could ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.