Oil

Ghana begins construction of $12 bln petroleum hub

FILE PHOTO: President Nana Addo Dankwa Akufo-Addo of Ghana speaks during a press conference during the Summit on Peace in Ukraine, in Stansstad, Switzerland, June 16, 2024. ALESSANDRO DELLA VALLE/Pool…

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Cars filling up at a Gulp Fuel Station in Eswatini. Picture: Ntokozo Magongo.

Ministry rubbishes fuel price decrease statement

Cars filling up at a Gulp Fuel Station in Eswatini. Picture: Ntokozo Magongo. By Bahle GamaThe Ministry of Natural Resources has condemned the circulation of false information about fuel prices…

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Brent crude trades above $87, sets highest levels since April

FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File PhotoBy Nia WilliamsOil prices for…

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Oil rises as heightened geopolitical risks exacerbate supply concerns

Brent crude futures had climbed 24 cents, or 0.3%, to $85.67 a barrel. Picture: ReutersBy Yuka ObayashiTOKYO – Oil prices rose in early Asian trading on Monday on concerns over…

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Oil slips as Russia lifts supplies, jet fuel demand stirs caution

An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France. REUTERS/Christian Hartmann/File PhotoSINGAPORE – Oil prices dipped on Tuesday due in part to the prospect of rising supply…

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Oil prices rise 1% on fears of escalating Middle East conflict

FILE PHOTO: An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023/File PhotoBy Natalie GroverLONDON (Reuters) –…

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Oil set for 2nd weekly fall on firm dollar as supply worries ebb

China National Petroleum Corporation (CNPC)’s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning Province, China. REUTERS/Chen Aizhu/File PhotoBy Muyu Xu(Reuters) – Oil rose but headed…

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Oil hits new highs on US fuel demand, tighter supply

An aerial view shows a crude oil tanker at an oil terminal off Waidiao Island in Zhoushan, Zhejiang province, China. China Daily via REUTERSBy Arathy SomasekharHOUSTON (Reuters) – Oil prices…

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Oil slips as weak China data offsets tightening supply

Pump jacks operate at sunset in Midland, Texas, U.S. February 11, 2019. REUTERS/Nick Oxford//File PhotoBy Stephanie KellyNEW YORK (Reuters) – Oil prices fell by about 1% on Tuesday after data…

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EFT July 29 – August 4 Edition

Front page of the EFT

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