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    Dino Melaye Boasts That PDP’s Atiku Abubakar Is The Only 2023 Presidential Candidate That Can End The Insecurity Situation In Nigeria (Boko Haram, Fulani Bandits, Others), Says He Has Intel From Cameroon, Mali, Chad, Benin Republic And Other Neighbouring Countries

    Dino Melaye Boasts That PDP’s Atiku Abubakar Is The Only 2023 Presidential Candidate That Can End The Insecurity Situation In Nigeria (Boko Haram, Fulani Bandits, Others), Says He Has Intel From Cameroon, Mali, Chad, Benin Republic And Other Neighbouring Countries

    Unlike Benue State Governor, Samuel Ortom, Governor Godwin Obaseki Has Increased The IGR Of Edo State By Close To N4 Billion, Never Owed Workers And Pensioners, Cleared All Backlogs Of Pensions As Far Back As 2007, Secured Major International Partnerships, Among Other Successes; By Tunde Tee Olatunji

    Unlike Benue State Governor, Samuel Ortom, Governor Godwin Obaseki Has Increased The IGR Of Edo State By Close To N4 Billion, Never Owed Workers And Pensioners, Cleared All Backlogs Of Pensions As Far Back As 2007, Secured Major International Partnerships, Among Other Successes; By Tunde Tee Olatunji

    My Quran And My Wife’s Bible stay together peacefully without quarrelling – Tinubu

    My Quran And My Wife’s Bible stay together peacefully without quarrelling – Tinubu

    Farmers In Kaduna State Allowed To Access Their Farmlands Peacefully In Kaduna State During The 2022 Rainy Season, After Paying The Armed Fulani Bandits Terrorists A Whopping N400 Million, Under President Muhammadu Buhari’s Watch

    Farmers In Kaduna State Allowed To Access Their Farmlands Peacefully In Kaduna State During The 2022 Rainy Season, After Paying The Armed Fulani Bandits Terrorists A Whopping N400 Million, Under President Muhammadu Buhari’s Watch

    President Buhari’s Former Aide Confesses That LP’s Peter Obi Is Quickly Taking Over The Entire Northern Region, Says “I Was In Kano Over The Weekend And To My Surprise Everywhere Is PO, Nobody Is Talking About Other Candidates Anymore, And A Friend Told Me That It Is A Similar Story In Katsina”

    President Buhari’s Former Aide Confesses That LP’s Peter Obi Is Quickly Taking Over The Entire Northern Region, Says “I Was In Kano Over The Weekend And To My Surprise Everywhere Is PO, Nobody Is Talking About Other Candidates Anymore, And A Friend Told Me That It Is A Similar Story In Katsina”

    Catholic Priest Shares Photos Of ”Virgin Mary” Who Appeared To Parishioners In Calabar

    Catholic Priest Shares Photos Of ”Virgin Mary” Who Appeared To Parishioners In Calabar

    Kaduna Community Pays Bandits N400m To Stop Attacks

    Kaduna Community Pays Bandits N400m To Stop Attacks

    I once met this Atiku’s Brother in Cameroon before making him my VP, Nigerians should ask Atiku who and who is his classmates

    I once met this Atiku’s Brother in Cameroon before making him my VP, Nigerians should ask Atiku who and who is his classmates

    ECONOMIC SABOTAGE: Police Impounds Oil-Laden Barge, Arrests 4  In Port Harcourt

    ECONOMIC SABOTAGE: Police Impounds Oil-Laden Barge, Arrests 4  In Port Harcourt

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Oil Prices Ease On Gloomy Market Outlook

by peter
September 25, 2019
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Oil prices eased in early Asian trade yesterday as weak manufacturing data from Europe and Japan focused market attention on a gloomy outlook for demand, though lingering uncertainty over Saudi supply disruption broke the drop.

Brent crude futures fell 29 cents to $64.48 a barrel while U.S. West Texas Intermediate (WTI) futures were at $58.40, down 24 cents.

“The demand side of the equation is back in focus,” Michael McCarthy, senior market analyst at CMC Markets in Sydney said, pointing to sluggish manufacturing numbers in leading economies in Europe as well as Japan.

“That’s why we’re seeing a little bit more (downward) pressure on Brent than West Texas at the moment.”

Besides, oil prices remained at comparatively elevated levels for the year in the wake of the mid-month attack on Saudi Arabia’s largest oil processing facility that halved output at the world’s top oil exporter.

Saudi Arabia has restored over 75 per cent of crude output lost after attacks on its facilities and will return to full volumes by early next week. But the Wall Street Journal reported on Monday that repairs at the plants could yet take months longer than anticipated.

European powers Britain, Germany and France backed the United States in blaming Iran for the Saudi oil attack, urging Tehran to agree to new talks with world powers on its nuclear and missile programmes and regional security issues.

Meanwhile a preliminary Reuter’s poll found on Monday that U.S. crude oil and distillate stockpiles were expected to have dropped last week.

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