Commodities
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Nigeria’s Oil Production Topped 1.8 million Barrels Per Day in July
Nigeria’s oil production surpassed 1.8 million barrels per day (bpd) last month, with current average output at 1.78 million bpd,…
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Trump Orders Universal 50% Tariff on Imports of Certain Copper Products
U.S. President Donald Trump on Wednesday signed a proclamation to address the effects of copper imports, imposing universal 50 percent…
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Uganda to Save $2 Billion on Fuel Import Due to Ethanol Mandate
Uganda is poised to save more than $2 billion on fuel import when the east African country will mandate all…
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Oil Steady as Investors Shift Focus to Demand Signals
Oil prices edged higher on Thursday as investors remained cautious about the Iran-Israel ceasefire and shifted their attention to market…
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Oil Prices Rise as Investors Assess Iran-Israel Ceasefire
Oil prices climbed on Wednesday as investors assessed the stability of a ceasefire between Iran and Israel, but held near…
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US asks China to Stop Iran from Closing Strait of Hormuz
US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one…
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Niger To Nationalize Uranium Venture Operated by France
Niger’s government said Thursday it would nationalize the Somaïr uranium venture operated by French company Orano and accused it of…
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Oil Prices Soars to Record Level as Iran Warns US After Nuclear Sites Bombing
Iran said on Monday that the U.S. attack on its nuclear sites expanded the range of legitimate targets for its…
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Dangote $29 Billion Refinery Makes First Fuel Export to Asia
Africa’s richest man, Aliko Dangote is preparing to export Nigeria’s first fuel shipment to Asia, in what is seen as…
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China’s Zhongman Petroleum Awarded Natural Gas Block in Algeria
China’s Zhongman Petroleum and Natural Gas Group (ZPEC) said it won a tender to explore and develop a natural gas…
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