Oil prices edge lower after closing at 4-month high
Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following data that showed a large drop in U.S. crude inventories. Concerns about ...
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Rwanda Discovers First Oil in Large Quantity, Set to Rival Nigeria, Other African Countries
Rwanda has confirmed the presence of oil in Lake Kivu, bordering Uganda and DR Congo. The country said there is a possibility ...
Why Latest US Sanctions on Russian Oil Are a Big Deal
In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil ...
European markets maintain positive momentum as ECB verdict looms
London (UKX) +0.59% UK's trade deficit widens in November, owing to fall in exports. The British economy grew by 0.1% mom in November, recovering from a 0.1% contraction in both October and September.