Tuesday, 16th April 2024
To guardian.ng
Search

Saudi-Russia oil policy shift

By Bloomberg
28 May 2018   |   1:44 pm
Oil is heading for its longest run of losses in almost four months as Saudi Arabia and Russia discuss reviving output. That comes as they aim to ease consumer anxiety after prices jumped to levels last seen in 2014.

In this article

0 Comments

Your email address will not be published. Required fields are marked *

Related

11 Apr
Some countries in Europe have begun to ban short-haul flights to cut emissions. Will other countries follow? And — can these bans make a real difference?
3 days ago
Social media users have been sharing false claims that the Ukrainian army sold two of the heavy-duty CAESAR howitzers – given by France – to Russia for $120,000 per unit.
1 day ago
Here's what's been making the business headlines in sub-Saharan Africa this week.
3 days ago
Nigeria’s Minister of Finance, Wale Edun says 4.83 trillion naira from T-Bills and Bonds issued in the first quarter of this year was used to pay part of the Ways and Means advances from the Central Bank of Nigeria. Sam Chidoka, CEO of Kairos Capital joins CNBC Africa for more on this discussion and Nigeria's debt management strategy.
1 day ago
Crude oil prices subside as traders bet that the worst is over in tensions between Iran and Israel, although fears remain. Meanwhile, investors charge into safe-haven assets like gold, and Chinese market regulators roll out new investor protections.
34 mins ago
Some top Nigerian banks are eyeing the international and local capital markets to raise fresh capital in a bid to meet the recapitalisation exercise by the Central Bank of Nigeria. Egie Akpata, Chairman of Skymark Partners joins CNBC Africa to examine options available to banks.