Oil prices continue to decline as U.S-China trade war deepens
By CNBC
20 August 2019 |
6:00 am
Oil prices are down in early trade, as rising U.S crude inventories and weak economic data from China erased some of the sharp gains from Tuesday's 4.7 per cent surge. To review the global oil markets and the impact on Nigeria's oil and gas space, Rolake Akinkugbe-Filani, Senior Vice President and Head of Energy and Natural Resources at FBNQuest Merchant Bank joins CNBC Africa for more.
In this article
Related
Related
29 Jul
Revisiting its national hydrogen strategy (NHS), the German government foresees a huge need for hydrogen. It will need to import as much as 70% of it.
13 Aug
The UN said over 1 million barrels of oil have been removed from the tanker, off Yemen's Red Sea coast. For years, the UN and other organizations had sounded the alarm over the dangers surrounding the corroding vessel.
19 Aug
Youth plaintiffs have won a rare victory against a US state government for promoting climate-killing fossil fuels. A tsunami of climate-related lawsuits are set to follow.
15 Aug
A powerful explosion rocked a gas station in Russia's city of Makhachkala, located in the Caucasian Dagestan region, killing 35 people and injuring 80 others. The explosion, which occurred Monday evening, caused a major fire, which spread to an area of more than 600 square meters (6,458 square feet), region's Governor Sergey Melikov said in a statement.
16 Aug
Find these stories and much more when you grab a copy of The Guardian on Thursday.
20 Aug
The European Commission estimates that the bloc now has enough gas to cover a third of its winter needs. It says the EU energy market is in a much more stable position than it was this time last year.
23 Aug
Ecuadorians have said 'no' to oil extraction in a portion of the Amazon, one of the world's most biodiverse regions, in a referendum hailed as a historic example of climate democracy.
30 Aug
Ukraine is known as one of Europe's biggest grain producers. But it also possesses highly valuable natural resources such as iron ore and coal — which Russia is keen to exploit.
31 Aug
A year ago, Russia stopped gas flows to the EU via the Nord Stream pipeline to inflict pain on the bloc for its overwhelming support for Ukraine. The weaponization of its gas supplies has ended up hurting Moscow more.
2 Sep
Find these stories and much more when you grab a copy of The Guardian on Saturday.
9 Sep
The German chancellor insisted that "nuclear energy is over" after the Free Democrats (FDP) called for putting a halt on dismantling decommissioned power plants. It's the latest apparent division in the ruling coalition.
4 Sep
As it's back-to-school time in France, we take a look at the many challenges facing the nation's education system. We also discuss a dilemma over the burning of the Koran in Denmark and Sweden. On the environmental front, Le Monde discusses our plastic problem. Finally, a new study discovers the possible health benefits of sulphur dioxide, the smelly gas in farts. Tiny amounts could help us age better.
Latest
9 hours ago
One month after opening a Tesla factory in Berlin, tech enterprenuer and billionaire Elon Musk opened the newest electric car making facility in Austin, Texas.
10 hours ago
We look at the profiles of some of the hostages released by Hamas over the past three days and take a look at how Israeli papers are reacting to the hostage release deal. We also see why there's little optimism ahead of this week's COP28 climate summit in Dubai. We finish with a look at this year's highly timely Booker Prize winner.
10 hours ago
Samuel Paty was killed by a suspected Islamist after showing cartoons of Prophet Mohammad to his class. Five teenagers are charged with identifying the teacher to his killer for payment.
11 hours ago
North Korea has sent troops to restore border posts that were taken town as part of an agreement to ease tensions, Seoul says.
12 hours ago
The protesters were blocking shipping traffic at the Port of Newcastle over the weekend, challenging the nation's dependence on fossil fuel exports.
×

Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.