On Sunday, In a major setback for Iran, the country’s president Ebrahim Raisi who was seen as a potential successor to supreme leader Ayatollah Ali Khamenei met a helicopter crash, and… Read More
Indian Rupee loses momentum on Wednesday.
Fed officers keep on with a cautious method, boosting the Dollar.
The FOMC Minutes and Fed’s Goolsbee speech are within the highlight o… Read More
By JustMarkets
At the end of Tuesday, the Dow Jones Index (US30) was up 0.17%, while the S&P 500 Index (US500) added 0.25%. The NASDAQ Technology Index (US1… Read More
Retail diesel prices are now near levels not seen since the beginning of last summer.
The weekly average retail diesel price posted by the Department of Energy/Energy Information Adm… Read More
Tipco Asphalt profits plummet 99% due to delaysLegacyTipco Asphalt Plc (Tasco), listed on the Stock Exchange of Thailand (SET), faced a challenging first quarter with reduced earnings and pr… Read More
Image for representation purposes onlyRising sea levels threaten global oil shipments, which could risk energy security dependent on nations such as China, Japan and South Korea.
According t… Read More
The Gulf of Boni, also called the Gulf of Bone and Bay of Boni, separates the South and Southeast Peninsulas of Sulawesi Island in Indonesia and opens into the Banda Sea. It is known for its… Read More
On Tuesday, the Biden administration announced plans to release one million barrels of gasoline from Northeastern reserves in an effort to stabilize rising fuel costs. The stated intent i… Read More
The rumble of car engines and the hum of industrial machinery, the soundtrack of our modern world, is powered by a single crucial resource, oil. This “black gold” fuels our trans… Read More
Canada has a strong focus on exporting and plays a significant role in global trade. In 2021, Canada’s annual exports reached a record $637 billion, surpassing previous records by 7%… Read More
[Collection]Tyler DurdenS&P To Open At All-Time High After Blowout Nvidia Earnings Spike Global Markets
Global markets rallied and US equity futures are sharply higher, pois… Read More
What is OPEC+ and how does it affect oil prices?
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as… Read More
What is OPEC+ and how does it affect oil prices?
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as… Read More
What is OPEC+ and how does it affect oil prices?
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as… Read More
What is OPEC+ and how does it affect oil prices?
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as… Read More
Crude Tall Oil MarketCrude tall oil (CTO) is a byproduct of the kraft pulping process used by many pulp mills that use pine trees as their raw material. It is a mixture of fatty acids and re… Read More
Image Credit: Times of IndiaJavier Milei, the flamboyant, Argentinian president, who came to power in December by performing a series of unorthodox, political stunts, appears to… Read More
As Americans think about traveling to warmer climates and planning their summer getaways and family vacations, they may be considering traveling overseas. However, there are countries that h… Read More
The second decade of the 21st century is signified by the conflicts that are occurring throughout the world. Rising tensions, volatile relations and supply chain collapse hamper the countrie… Read More
Governor of the Bank of Ghana, Dr Ernest Addison has said that Banks’ bad debt or non-performing loans, loans that are in default due to the fact that the borrower has not made the sch… Read More
Governor of the Bank of Ghana, Dr Ernest Addison has said that the banking sector indicators point to a recovery from the impact of the domestic debt exchange programme.
He said total… Read More
The country exported more goods and services than it imported in the first quarter of the year, the Ghana Statistical Service (GSS) Trade report has revealed.
The first quarter trade repo… Read More
Ghana's robust export performance in 2023, exceeding imports for the first time in recent years, reveals a continued reliance on a few key commodities.
While this strategy generated… Read More
I had first written on this topic in 2017,
in the aftermath of the Doklam crisis, where Chinese and
Indian forces were involved in a standoff, on disputed territory in the Doklam
area. At a… Read More
View Full Image
(The Economist)
As less generously endowed rivals fall by the wayside, Aramco’s market share would, in other words, be almost certain to rise wi… Read More
The India ethanol market is primarily driven by the increased demand from the transportation fuel segment. Ethanol is increasingly being blended with gasoline to reduce vehicle emissions and… Read More
“Things fall apart; the centre cannot hold”
– WB Yeats, The Second Coming 1920
“The white man is very clever. He came quietly and peaceably with his relig… Read More
Crude Oil is an important energy source used in several machines, equipment, and products, such as cosmetics and paints. According to the United States Energy Information Administration Repo… Read More
The South Korea thermoplastic elastomer market features various advantages such as ease of processing, recycling, better mechanical properties, chemical resistance, and simpler compounding p… Read More
A prosecutor in Benin said authorities had detained five Niger nationals for allegedly entering Benin’s Seme-Kpodji pipeline terminal under false pretences.
In a statement on Thursday… Read More
RIYADH: Energy giant Saudi Aramco has retained the top spot in Forbes Middle East’s Top 100 listed companies for 2024, with $660.8 billion in assets and $1.9 trillion in market value… Read More
Oil pops above key pivotal degree of $75.27 and advances to contemporary five-day excessive.
Most buyers are in a wait-and-see mode forward of Wednesday’s US CPI and Fed choice.
The… Read More
THE PERFORMANCE OF THE OIL SECTOR ON ECONOMIC GROWTH IN NIGERIA 1980 – 2021
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The flexible packaging market provides protective packaging solutions for various end-use industries such as food, beverages, pharmaceuticals, personal care, and others. Flexible packaging o… Read More
If a country’s national anthem is conceptualized and composed as a solemn, rousing, uplifting, and patriotic song used in the expression of its national identity, then Nigeria’s… Read More
Markets appear to be off to a slow start this week, but could this be just the calm before the storm?
Stocks were in a positive mood while some risk flows emerged while profitable companies… Read More
Sultan of Oman Haitham Bin Tarik’s call to Prime Minister Narendra Modi on Tuesday assumes great significance as both countries work on further scaling up the India-Oman partnership du… Read More
[Collection]Tyler DurdenHow (Russian) Oil Is Adding Fuel To Geopolitical Fragmentation
Russia’s invasion of Ukraine in February 2022 led to severe bans or restrictions on… Read More
The steel wire market size is projected to reach US$ 123.23 billion by 2031 from US$ 77.47 billion in 2023. The market is expected to register a CAGR of 6.0% during 2023–2031. Enormous… Read More
Image for representation purposes onlyOn June 13, the UK declared its first specific sanctions against the tankers in the shadow fleet, moving Russia’s oil as part of a broader effort… Read More
A concerning report recently released by the UN has revealed that over 50 countries, mostly poor or developing nations, are facing the imminent threat of bankruptcy.
While many more nations… Read More
The petrodollar quietly died this week.
While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S. government that depends on dollar dominance to supp… Read More
Gradual demand recovery expected
The chemical industry is experiencing a mixed trend in prices across various segments. Domestic demand is gradual… Read More
While enthusiasts have been promoting their benefits for decades, the Australian government is only now considering sustainable biofuels for the transportation industry. The Australian Gover… Read More
Dow went up 50, decliners but over advancers 3-2 & NAZ added 30. The MLP index remained in the 276s & the REIT index was of 2+ to the 373s. Junk bond funds hardly budged… Read More
Texas’ production of oil, natural gas, and natural gas liquids (NGLs), refinery activity and exports have achieved new record highs, according to the most recent monthly energy economi… Read More
The Director of the Centre for Promotion of Private Enterprise, and former Director of Lagos Chambers of Commerce and Industry, Dr Muda Yusuf in this exclusive interview with DAILY POST spea… Read More
Oil and gas chemicals are primarily used in exploration and production activities in the oil and gas industry. Some of the key products include solubility enhancers, corrosion inhibitors, sc… Read More
Biofuels such as ethanol, biodiesel and biojet fuel play an important role in Brazil’s transportation fuel sector owing to its environmental advantages. Brazil is one of the largest pr… Read More
The Dangote Refinery is set to export a shipment of low-sulfur straight-run fuel oil (LSSR) from Nigeria to Singapore this week. The information is based on ship tracking data and market sou… Read More
Oil majors are not on track to hit Paris Agreement climate targets that limit global temperature rise to 1.5°C, a new report reveals.
Eight fossil fuel giants – Chevron, ExxonM… Read More
Iran’s crude production increased by 1.4 million barrels per day during the late President Ebrahim Raisi’s administration despite over 600 new sanctions imposed by the West on e… Read More
ANALYSIS OF OIL PRICE SHOCK IN NIGERIA (1970-2014).
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ANALYSIS OF OIL… Read More
With US traders off on holiday and traders remaining on the sidelines ahead of this week's closely watched economic events, major assets were trading in lower ranges.
What are the headlines… Read More
IMPACT OF INDUSTRIALIZATION ON ECONOMIC GROWTH IN NIGERIA.
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IMPACT OF… Read More
IMPACT OF EXPORT EARNINGS ON THE ECONOMIC GROWTH OF NIGERIA (1981-2013).
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China has been Malaysia’s crucial partner since 2009, with total trade last year hitting RM450.84 billion (US$95.65 billion). Although trade with China fell by 7.3% in 2023, China cont… Read More