Crude oil price climbed more than one per cent with United States crude hitting a 2019 high yesterday after tight supply and positive signs for the global economy drove both benchmarks’ largest first-quarter gains in nearly a decade.
US construction spending reportedly increased for a third straight month in February, offering some good news on the economy following a string of weak reports. China’s State Council said on Sunday that the country would continue to suspend additional tariffs on United States vehicles and auto parts after April 1, in a goodwill gesture following a US decision to delay tariff hikes on Chinese imports.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crude Oil Price Drops by 1% over Excess US Inventories - THISDAYLIVEEjiofor Alike with agency reports Oil prices sank about one per cent Wednesday after a United States government data showed that the country’s crude stocks unexpectedly rose last week as exports slowed due to a chemical spill at the country’s busiest energy port. While the global benchmark, Brent crude futures fell 51 cents, or 0.8 …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
Oil prices dip after U.S. crude stocks climb – Daily TrustOil prices dropped on Thursday, extending losses into a second consecutive session, following a surprise build in U.S. crude inventories. International Brent crude oil futures were at $67.56 a barrel at 0748 GMT, down 27 cents, or 0.4 per cent, from their last close.ADVERTISEMENT Brent closed down 0.2 per cent on Wednesday. U.S. West Texas …
Source: Daily Trust - 🏆 13. / 51 Read more »
Bonny Light price leaps to $68.01 - Vanguard News NigeriaTHE price of Bonny Light, Nigeria’s premium oil grade, yesterday, leaped to $68.00 per barrel in the international market as Saudi Arabia cuts supply in order to realise a target price of $70 per barrel. The oil grade opened the week’s trading at $67.00.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Oil set for biggest quarterly rise since 2009 amid OPEC cuts, U.S. sanctionsOil prices rose on Friday amid the ongoing OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009. nextlevel Insha Allah 🙏🏽🌚 What does this mean for the Naira and the ordinary Nigeria today considering the fact that it has NEVER affected their lives positively in the past?
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Oil Prices Down On US Rising StockOil prices dropped further yesterday extending losses into a second straight session, after widely watched data showed a surprising increase in U.S. stocks. International Brent crude oil future…
Source: LeadershipNGA - 🏆 4. / 77 Read more »