Commodities
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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 AsiaÂ
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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Oil Prices Jump More than 1% on Middle East Supply Fears
Oil prices rose more than 1% on Wednesday after reports that Israel could be preparing to strike Iranian nuclear facilities…
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Afreximbank Launches $3 Billion Fund for Intra-African Oil Trade
The African Export-Import Bank (Afreximbank) has unveiled a $3 billion Revolving Intra-African Oil Trade Financing Programme aimed at supporting African…
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Gold Price Hits $3,500 as Investors Seek Heavens
Institutional investors are reallocating capital as global recession fears rise, driven by concerns over U.S. President Donald Trump’s evolving trade…
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