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Elizabeth Williams

Oil Mixed Amid Slower Demand Weighing On Sentiment

Oil prices were mixed on Tuesday as some investors scooped up bargains following recent losses, while Saudi Arabia’s sharp cuts in crude contract prices...

World Shares Hit Record As Investors Hold To Dovish US Fed Bets

A global stocks index hit a record high on Tuesday as investors took comfort in growing views the U.S. Federal Reserve is likely to...

OPEC+ Keen To Keep Oil Prices At $65/$75 A Barrel

The head of Russia's No. 2 oil producer Lukoil said that oil prices of $65-$75 were "comfortable" for consumers and that the OPEC+ group...

US Electric Company Entergy Says Power Restored To Over Half Of Customers After Ida

US electric company Entergy said power had been restored for more than half of its customers who faced an outage after Hurricane Ida. "Just eight...

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Oil Prices Jump Over 2% As Iran Retaliates Against Fresh US Strikes In Hormuz

Crude oil prices surged by more than two per cent on Wednesday, extending their gains to around 10 per cent this week after fresh US strikes on Iran triggered retaliatory attacks across the Middle East. The renewed military confrontation has also rattled financial markets, with stocks falling and...

Niger: Borgu Residents Flee To Benin Republic As Insecurity Worsens

Residents of Borgu Local Government Area of Niger State are reportedly leaving their communities and crossing into the Benin Republic as persistent attacks by armed men continue to heighten insecurity in the area. The development was disclosed by the African Democratic Congress (ADC) House of Representatives candidate for...

Nepal Flood Death Toll Hits 1,114 As 3,916 Remain Missing After Devastating Disaster

At least 1,114 people have died in Nepal following devastating flash floods and landslides along the China-Nepal border, while 3,916 others remain missing, according to the country’s disaster authority. The updated figures were released on Wednesday, one week after the disaster struck, as rescue teams continued efforts to...