• Latest
  • Trending
  • All
  • News
  • Politics

Oil Prices Drop For Day Two

September 26, 2019
The President Has Approved Our Blueprint For Political Liberation Of The South-East To The APC – Ganduje

The President Has Approved Our Blueprint For Political Liberation Of The South-East To The APC – Ganduje

December 8, 2023
Insecurity: “If There Are No Powerful Forces Behind These Terrorists, Where Does The Money Go?” – Shehu Sani

Insecurity: “If There Are No Powerful Forces Behind These Terrorists, Where Does The Money Go?” – Shehu Sani

December 8, 2023
”For Good 24 Hours, Obi Danced Naked In The Public Square, Trying To Curry The Attention Of Those Who Care To Listen To His Falsehood” – Shettima Slams Obi For Criticizing N15bn Contract For VP Residence Upgrade

”For Good 24 Hours, Obi Danced Naked In The Public Square, Trying To Curry The Attention Of Those Who Care To Listen To His Falsehood” – Shettima Slams Obi For Criticizing N15bn Contract For VP Residence Upgrade

December 8, 2023
Stop Accepting Money Or Gifts From A Man If You Don’t Want To Have Anything To Do With Him – Man Tells Nigerian Girls

Stop Accepting Money Or Gifts From A Man If You Don’t Want To Have Anything To Do With Him – Man Tells Nigerian Girls

December 6, 2023
”Celestial Church We Must Do The Show O, You Have Already Paid Me N5 Million” – Portable Says After Celestial Church Canceled His Performance With Other Artists At Their Praise Night

”Celestial Church We Must Do The Show O, You Have Already Paid Me N5 Million” – Portable Says After Celestial Church Canceled His Performance With Other Artists At Their Praise Night

December 6, 2023
Court Orders Retrieval Of Over 50 Government Vehicles Carted Away By Former Zamfara Governor

Court Orders Retrieval Of Over 50 Government Vehicles Carted Away By Former Zamfara Governor

December 6, 2023
“I can never be poor in this life” – Reactions as young lady shows off her N300m exquisite mansion, gives tour of apartment (Video)

“I can never be poor in this life” – Reactions as young lady shows off her N300m exquisite mansion, gives tour of apartment (Video)

December 5, 2023
”I Lost My Parents In A Fire Accident When I Was A Kid” — Toke Makinwa

”I Lost My Parents In A Fire Accident When I Was A Kid” — Toke Makinwa

December 5, 2023
Virgins Initiated Into Womanhood In Rivers Community

Virgins Initiated Into Womanhood In Rivers Community

December 4, 2023
If You Believe That President Tinubu Used Public Funds To Pay For 1400 Nigerians To Be On His Entourage To #COP28, Then You Have Below-Average Intelligence – Reno Omokri

If You Believe That President Tinubu Used Public Funds To Pay For 1400 Nigerians To Be On His Entourage To #COP28, Then You Have Below-Average Intelligence – Reno Omokri

December 4, 2023
You Wear Perfume All The Time And You Call Yourself A Christian. God Does Not Want Perfumes” – Nigerian Priestess Shares

You Wear Perfume All The Time And You Call Yourself A Christian. God Does Not Want Perfumes” – Nigerian Priestess Shares

December 3, 2023
Weddings Are Expensive. Go To Court And Start Your Married Life –  Nigerian Woman Advises Intending Couples

Weddings Are Expensive. Go To Court And Start Your Married Life –  Nigerian Woman Advises Intending Couples

December 3, 2023
  • Home
  • Gossip
  • News
    • Politics
  • News
  • Entertainment
  • Educative
  • Entertainment
    • Gaming
    • Sports
  • Sports
  • Advertisement
Sunday, December 10, 2023
Dailyexcessive
  • Home
  • Gossip
  • News
  • Entertainment
  • News
    • All
    • Politics
    The President Has Approved Our Blueprint For Political Liberation Of The South-East To The APC – Ganduje

    The President Has Approved Our Blueprint For Political Liberation Of The South-East To The APC – Ganduje

    Insecurity: “If There Are No Powerful Forces Behind These Terrorists, Where Does The Money Go?” – Shehu Sani

    Insecurity: “If There Are No Powerful Forces Behind These Terrorists, Where Does The Money Go?” – Shehu Sani

    ”For Good 24 Hours, Obi Danced Naked In The Public Square, Trying To Curry The Attention Of Those Who Care To Listen To His Falsehood” – Shettima Slams Obi For Criticizing N15bn Contract For VP Residence Upgrade

    ”For Good 24 Hours, Obi Danced Naked In The Public Square, Trying To Curry The Attention Of Those Who Care To Listen To His Falsehood” – Shettima Slams Obi For Criticizing N15bn Contract For VP Residence Upgrade

    Stop Accepting Money Or Gifts From A Man If You Don’t Want To Have Anything To Do With Him – Man Tells Nigerian Girls

    Stop Accepting Money Or Gifts From A Man If You Don’t Want To Have Anything To Do With Him – Man Tells Nigerian Girls

    ”Celestial Church We Must Do The Show O, You Have Already Paid Me N5 Million” – Portable Says After Celestial Church Canceled His Performance With Other Artists At Their Praise Night

    ”Celestial Church We Must Do The Show O, You Have Already Paid Me N5 Million” – Portable Says After Celestial Church Canceled His Performance With Other Artists At Their Praise Night

    Court Orders Retrieval Of Over 50 Government Vehicles Carted Away By Former Zamfara Governor

    Court Orders Retrieval Of Over 50 Government Vehicles Carted Away By Former Zamfara Governor

    “I can never be poor in this life” – Reactions as young lady shows off her N300m exquisite mansion, gives tour of apartment (Video)

    “I can never be poor in this life” – Reactions as young lady shows off her N300m exquisite mansion, gives tour of apartment (Video)

    ”I Lost My Parents In A Fire Accident When I Was A Kid” — Toke Makinwa

    ”I Lost My Parents In A Fire Accident When I Was A Kid” — Toke Makinwa

    Virgins Initiated Into Womanhood In Rivers Community

    Virgins Initiated Into Womanhood In Rivers Community

    If You Believe That President Tinubu Used Public Funds To Pay For 1400 Nigerians To Be On His Entourage To #COP28, Then You Have Below-Average Intelligence – Reno Omokri

    If You Believe That President Tinubu Used Public Funds To Pay For 1400 Nigerians To Be On His Entourage To #COP28, Then You Have Below-Average Intelligence – Reno Omokri

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Sports
No Result
View All Result
Dailyexcessive
No Result
View All Result
Home News

Oil Prices Drop For Day Two

by peter
September 26, 2019
in News
0
495
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Oil prices fell for a second day yesterday on worries about falling fuel demand after U.S. President Donald Trump’s comments doused optimism over China-U.S. trade talks and reignited concerns on global economic growth.

Brent crude futures fell 46 cents to $62.64 a barrel, while U.S. West Texas Intermediate crude dropped to $56.89, down 40 cents.

Both prices have fallen to their lowest since before the attack on Saudi Arabian oil facilities on September 14.

“What really pulled the rug from underneath oil was Donald Trump’s comments on trade last night…. He’s still maintaining quite a belligerent position,” said Jeffrey Halley, senior market analyst for Asia Pacific at OANDA.

Trump criticised China’s trade practices at the United National General Assembly on Tuesday and said he would not accept a “bad deal” in U.S.-China trade negotiations.

China is the world’s largest oil importer and second-largest crude user while the United States is the largest consumer.

Trump also said he saw a path to peace with Iran even as he denounced Iran for “bloodlust”, cooling geopolitical premiums in oil prices.

Oil rallied last week following a crippling attack on Saudi Arabia’s oil installations that has disrupted supplies from the world’s top exporter. To meet its supply obligations to Saudi refineries overseas, Saudi Aramco is buying oil from other Middle East producers.

“The risk premium has died off for now,” Halley said, adding that the main driver for oil markets now is trade uncertainty that could impact demand.

Prices were also weighed down by an unexpected build in U.S. crude inventories last week.

Share198Tweet124Share50
peter

peter

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Dailyexcessive

Copyright © Dailyexcessive.com Created and Hosted by @trustdee

Navigate Site

  • About
  • Gossip
  • Advertise
  • News
  • Privacy & Policy
  • Sports
  • Advertisement
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Gossip
  • News
    • Politics
  • News
  • Entertainment
  • Educative
  • Entertainment
    • Gaming
    • Sports
  • Sports
  • Advertisement

Copyright © Dailyexcessive.com Created and Hosted by @trustdee

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In