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WTI Price Probes $73 amid Risk-on as Omicron Fear Recedes

01:46pm, Thursday, 23'rd Dec 2021 Forex Crunch
While WTI is trading rather weakly, it remains well supported above $73.00 after falling to $72.20. Despite this weeks recovery from lows of $66, the oil price is likely to remain sharp in the headlines. Omicron news will remain the main driver of risk appetite. WTI prices were quite low on Thursday, with deteriorating liquidity Continued The post WTI Price Probes $73 amid Risk-on as Omicron Fear Recedes appeared first on Forex Crunch .
Petrol and Diesel Price Today in India: Currently, petrol rate in Delhi is Rs 95.41 per litre while diesel in the national capital is retailing at Rs 86.67 per litre.

Oil trades higher after US inventories drop

07:13pm, Wednesday, 22'nd Dec 2021 Breaking the News 24/7
Crude futures climbed more than 1% on Wednesday as investors digested a larger-than-expected decline in United States oil inventories. The US Energy Information Administration (EIA) said earlier that

Senate Passes 2022 Budget

06:56pm, Wednesday, 22'nd Dec 2021 Ghana MMA
Lawan The Senate has passed the 2022 Appropriation Bill. This came less than 24 hours after the lower chamber, the House of Representatives did pass the budget. Also Read: Senate Postpones Passage Of 2022 Budget The Senate raised the total estimates of the Federal Governments budget from the proposed N16,391tn to N17.126tn. The oil benchmark was []
There is renewed debate in California and other states over whether to ban offshore oil and gas drilling, two months after a ruptured underwater pipeline off Huntington Beach spewed tens of thousands of gallons of crude oil into the ocean.
Crude oil prices recovered on Wednesday morning despite word from the Energy Information Administration of an inventory draw of 4.7 million barrels for the week to December 17. At 423.6 million barrels, crude oil inventories remain 8% below the five-year averagecompared to 7% below the five-year average last week. Last weeks draw adds to last weeks huge draw of 4.6 million barrels from crude oil inventories. On Tuesday, the American Petroleum Institute estimated a crude oil inventory draw of 3.670 million barrels
Tribune News Service Jalandhar, December 22 Several protesting unemployed teachers of the B.Ed TET Pass Unemployed Teachers Union on Wednesday allegedly attempted suicide in front of the residence of Education Minister Pargat Singh. While the Cabinet minister''s home has turned into a cantonment as regular protests have been taking place outside his residence for the past over a month, teachers today took it a step further as several of them poured oil on their body in a bid to attempt suicide. While chaotic scenes were witnessed as unemployed teachers'' raised slogans against the state government, things got heated up when several of them tried to attempt suicide. Cops apprehended several teachers as they poured oil on themselves while being apprehended by the police. Teachers Sandeep Gill, Amandeep Sekha and Jagsir Singh poured oil on themselves and tried to light matches before being prevented by cops and colleagues. Two teachers who have been protesting atop a tank in Jalandhar-- Jaswant Ghubaya and Munish Fazilka -- had also threatened suicide.

House of Reps Pass 2022 Budget

01:10pm, Wednesday, 22'nd Dec 2021 InvestAdvocate
December 22, 2021/CSL Research Recently, the House of Representatives passed the 2022 appropriation bill, raising the total estimates of the Federal Governments budget from the proposed N16.39trn to over N17trn. The House also increased the oil benchmark to US$62 compared with the US$57 that was proposed by the executive, while [] The post House of Reps Pass 2022 Budget appeared first on .
Sri Lanka plans to settle $251 million in oil import dues owed to Iran by bartering tea, a Sri Lankan minister said on Wednesday, amid dwindling foreign reserves. The post Sri Lanka to settle $251 million oil import dues to Iran by bartering tea appeared first on ONLANKA News - Sri Lanka News - Latest Breaking News from Sri Lanka .

Oil prices steady as Omicron variant caution lingers

11:41am, Wednesday, 22'nd Dec 2021 The Globe and Mail
U.S. West Texas Intermediate crude futures edged up 37 cents, or 0.55 per cent, to $71.49 a barrel at 1050 GMT after jumping 3.7 per cent on Tuesday

Harnessing Non-oil Exports to Diversify Nigerias Revenue

09:11am, Wednesday, 22'nd Dec 2021 DailyAsset
By Chinyere Joel-Nwokeoma It is no longer news that oil price shocks have negatively impacted the countrys revenue over the years. The dwindling revenue from oil was compounded by the coronavirus pandemic, hence the managers of the economy had to creatively think of how to boost the countrys revenue for growth and development. The federal [] The post Harnessing Non-oil Exports to Diversify Nigerias Revenue appeared first on Daily Asset Online .

Global Oil And Gas Discoveries Set To Hit 75-Year Low In 2021

04:00pm, Tuesday, 21'st Dec 2021 OilPrice com
Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds, Rystad Energy analysis shows. As of the end of November, total global discovered volumes this year are calculated at 4.7 billion barrels of oil equivalent (boe) and, with no major finds announced so far this month, the industry is on course for its worst discoveries toll since 1946. This would also represent a considerable drop from the 12.5 billion boe unearthed in 2020. Liquids
Recent Oil and Gas Equities volatility is a Buying Opportunity. The stocks are cheap and likely to rise over time. Read more...

Fuel prices to be stable in January with minimal increment NPA

10:56am, Monday, 20'th Dec 2021 My News Ghana
The National petroleum authority says fuel price hikes will be minimal next year Prices of petroleum products in Ghana in the first pricing window of the year 2022, which is January, are expected to be stable with minimal increment, the National Petroleum Authority (NPA), has said. The authority attributed this to the current 3% increment of crude prices in
Market Roundup EU Current Account n.s.a 20..5B, 26.9B previous EU Current Account 18.1B, 18.7B previous Belgium Dec Consumer Confidence -4, 1 previous Looking Ahead - Economic Data (GMT) 14:00 French
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