Oil tops $75, highest since 2014
24 April 2018 | 1:14 pm
Brent crude oil rises for a sixth day to hit its highest since November 2014 at over $75 a barrel, buoyed by expectations that supplies will tighten as demand reaches record levels.
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Following the removal of the fuel subsidy on May 29 by President Bola Tinubu. Prices of goods and services have largely increased with several businesses struggling to keep the door open. GuardianTV stepped out today to check in with Nigerians to see if they've gotten used to the new normal and this was what they had to say.
Less than a week after the Wagner Group's attempted coup, uncertainty reigns in Russia. Opponents of Vladimir Putin are considering other threats to his leadership, including the economy. The oil price is a major hitch.
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Angola is rich in crude oil but has to import the fuel it needs. A new refinery could change that.
The UN says it has begun an operation to pump 1 million barrels of oil from a rusting supertanker off Yemen's coast, hoping to avoid an environmental disaster that could devastate local ecosystems and major ports.
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.
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.
Find these stories and much more when you grab a copy of The Guardian on Thursday.
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