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Oil steady following a 3 percent jump in prices on Friday

August 21st, 2017 (0)
Oil steady as market conditions tighten despite rising U.S. output Oil markets were stable on Monday, largely holding on to Friday’s big gains even though rising U.S. output weighed on hopes the market will tighten after a 13 percent ...

Oil falls for third day

August 9th, 2017 (0)
Oil falls for third day as doubts over OPEC cuts linger Crude futures fell for a third day on Wednesday despite a bigger than expected fall in U.S. oil inventories reported by an industry group, with doubts lingering over ...

What prevent oil prices from bigger drops?

August 4th, 2017 (0)
Oil prices dipped on Friday, with U.S. crude remaining below $50 per barrel, restrained by rising output from the United States as well as producer club OPEC. U.S. West Texas Intermediate (WTI) crude futures were at $48.95 per barrel ...

Mobile Money Revolution In Africa

August 2nd, 2017 (0)
These Global Payments Players Are Attempting To Move In On Mobile Money Revolution In Africa Africa is home to several mobile payment platforms and services like M-Pesa, yuCash, Orange Money, eTranzact and EcoCash, among several others, which have been ...

Oil steady ahead of producer meeting; Nigeria, Libya output in focus

July 24th, 2017 (0)
Oil prices held around a one-week low on Monday ahead of a joint OPEC and non-OPEC meeting later in the day that may address rising output in Nigeria and Libya. London Brent crude for September delivery was up 2 ...

Oil steady as Brent crude hovers below $50 ahead of OPEC meeting

July 21st, 2017 (0)
Oil prices were little changed on Friday ahead of a key meeting of major oil producing nations next week, with Brent sitting below the $50 per barrel level that was briefly breached for the first time in six weeks ...

Oil prices stable as strong Chinese demand eases concern of ongoing glut

July 13th, 2017 (0)
Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per barrel at 0357 GMT, up 1 cent from their last close. West Texas Intermediate ...

Oil prices fell by more than 1 percent early on Friday

July 7th, 2017 (0)
Oil prices fell by more than 1 percent early on Friday, with U.S. crude futures dipping below $45 per barrel as news of a rise in U.S. production added to earlier reports that OPEC output was also on the ...

Oil prices retreated in Asian trade on Tuesday; Will Oil price move up or down?

July 4th, 2017 (0)
Oil prices retreated in Asian trade on Tuesday, halting a run of eight straight days of gains on signs that a persistent rise in U.S. crude production is running out of steam. Brent crude futures had fallen 28 cents, ...

Crude oil rose to its highest since June 19

June 29th, 2017 (0)
Crude oil rose for a sixth straight session on Thursday to its highest since June 19 on a decline in U.S. output, but ongoing worries about global oversupply continued to drag. U.S. West Texas Intermediate (WTI) crude CLc1 had ...
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