Category: Oil & Gas
Oil to trade around US$10, fuel to fall again
The price of crude oil may fall to US$10 per barrel as the world runs out of storage space amid...
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Coronavirus: Why oil-dependent economies must prepare for the worst
When Moscow and Riyadh failed to reach an agreement on 6 March in Vienna, the oil world woke up to...
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Angola: Brent Oil Barrel Recovers 0.83 Percent
The price of a barrel of Brent oil recovered 0.83% this Tuesday, after falling 5.64% on...
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Tullow Oil toughens Board’s oversight amid US$1.6 billion after tax loss
Tullow Oil PLC has announced that it has reinforced the oversight of its board of directors to...
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Fuel prices to fall by 8%
Fuel prices from Monday, March 16, 2020, are expected to fall by between 5 to 8 percent, which...
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Nigeria: Dangote to Begin Crude Oil Production in July
Africa’s richest man and President of Dangote Industries Limited, Alhaji Aliko Dangote, will...
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Tullow loses US$1.6bn; 35% of staff to be retrenched
Tullow Oil has announced a loss after tax of US$1.6 billion for the group in 2019. According to...
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Oil price drops by about 30% as Saudi Arabia starts price war amid coronavirus
Oil prices plummeted around 30% on Monday after Saudi Arabia slashed its official selling prices...
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World stocks sink on coronavirus shock, oil price crash
Global share markets plunged on Monday as panicked investors fled to the safety of bonds and the...
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Oil up as hopes of OPEC cut, stimulus counter virus gloom
Oil prices rose on Monday, reversing an earlier fall to multi-year lows as hopes of a deeper cut...
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‘Gas is critical for Africa’s future’ – GE Gas Power Summit
Gas will be critical for creating industry, manufacturing and attracting investment capital....
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Liberia: Gas Shortage Imminent
The managing director of the Liberia Petroleum Refining Company (LPRC) Marie-Urey Coleman...
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Energy Commodity Prices
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| Week Month Year 3 Yrs | ||||||
| 7-Sep-18 | Last | Change | ||||
Alum HG $/mt – lme |
 |
2030.25 | -15.50 | |||
| Brent Crude Oil $/bbl |
|
76.30 | -0.35 | |||
| Copper cents/lb, comex |
|
262.90 | -0.90 | |||
| Corn ¢/bu – cbot |
|
365.00 | -1.50 | |||
| Ethanol $/g – cbot |
|
1.276 | -0.008 | |||
| Feeder Cattle $/lb – cme |
|
1.5115 | -0.0012 | |||
| Gold $/oz |
|
1199.90 | -5.80 | |||
Silver $/oz |
|
14.15 | -0.07 | |||
| Soybeans ¢/bu – cbot |
|
837.25 | -0.75 | |||
| Sugar No.11 – ICE – ¢/lb |
|
0.11 | 0.00 | |||
| Wheat ¢/bu – cbot |
|
509.50 | -5.00 | |||
| WTI Crude Oil $/bbl |
|
67.35 | -0.55 | |||
