Latest News for: Oil exchange

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Greatest Naira Comeback Unleashes Prospects for Economic Turnaround

This Day 20 Apr 2024
Analysts who spoke with THISDAY emphasised the critical need to boost oil output, which has been dwindling, and underscored the significance of diversifying the economy and stimulating non-oil exports to enhance foreign exchange earnings.
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Venezuela's main opposition bloc agrees on candidate to challenge Maduro in presidential election

Newsday 20 Apr 2024
Maduro’s administration has cracked down on the opposition before the July 28 presidential election despite promises to pave the way to fair elections in exchange for sanctions relief.
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Nigeria To Launch Crude Trading at its Commodity Exchange

Oil Price 19 Apr 2024
Africa’s biggest oil producer, Nigeria, plans to offer up to 20% of its crude oil production for trading ...
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Crude oil futures jump over 2% after Israeli missiles target Iranian facility

Business Line 19 Apr 2024
April crude oil futures were trading at ₹7078 on Multi Commodity Exchange (MCX) during the initial hour of trading on ...
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Palm oil clocks deepest weekly loss in over a year

Hellenic Shipping News Worldwide 19 Apr 2024
The benchmark palm oil contract FCPOc3 for July delivery on the ...
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Government eyes deregulation of fuel prices

Dawn 19 Apr 2024
• Hastens process amid rise in smuggling, complaints from oil industry. • Move may help shift brunt of public criticism to oil marketing companies ... Amid increasing fuel prices and the oil industry’s ...
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US reimposes Venezuela sanctions

Russia Today 19 Apr 2024
... last October to hold free and fair elections, monitored by international observers, and in exchange the US temporarily lifted some of its sanctions on Venezuelan oil, gas, gold, and sovereign debt.
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Nigeria Plans to Offer Crude Trading on Bourse for First Time

Rigzone 19 Apr 2024
It will be the first time the fossil fuel will be traded on an exchange in Africa's largest oil producer ... .
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Israeli attack on Iran sparks rush to Swiss franc and yen

Middle East Online 19 Apr 2024
... currencies” on Friday after reports said Israel had attacked Iran in the latest tit-for-tat exchange between the two adversaries, pushing up oil prices and causing caution across global markets.
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Oil prices tad up on anticipation of fresh US sanctions on Venezuela

Live Mint 18 Apr 2024
... Republicans that is slated for a floor vote later this week, agencies reported.The reimposition of sanctions could also disrupt India's plans to acquire oil from Venezuela in exchange for dividends.
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Analysts skeptical about Nigeria's bid to improve local crude refining

Voa News 18 Apr 2024
Authorities said the objectives of the guideline are to bolster Nigeria’s refining capacity, improve the oil industry and earn foreign exchange ... Analysts say refining crude oil locally could reverse this trend.
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ADNOC to Redeem Exchangeable Bonds in ADNOC Distribution Upon Maturity in June 2024

Emirates 24/7 18 Apr 2024
Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) announced today that it intends to settle, via a cash payment, its US Dollar-denominated senior unsecured bonds (Exchangeable Bonds) in Abu Dhabi ...
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Adnoc to redeem exchangeable bonds in distribution arm upon maturity in June 2024

Khaleejtimes 18 Apr 2024
Abu Dhabi National Oil Company (Adnoc) announced today that it intends to settle, via a cash payment, its US Dollar-denominated senior unsecured bonds (exchangeable bonds) in Abu Dhabi National Oil ...
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NEXIM Bank CEO Urges Importers to Embrace Export Trade

This Day 18 Apr 2024
You will generate your own foreign exchange and put it into use if you want to import ... Sheriff, said increasing non-oil export would create jobs and generate much needed foreign exchange and reduce dependence on oil revenue.
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