NewsColony

Tag : Recovery

Business

Oil drops more than $1 after Saudi price cuts, demand optimism fades

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Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July. The drop is coming after Saudi Arabia made the deepest...
Business

Oil prices hold near multi-week lows on demand worries

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Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19...
Business

GSI: Banks recover N50 million in nine days from debtors’ external accounts

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Nigerian banks recovered N50.32 million within nine days from debtors after the financial institutions began the Global Standing Instruction (GSI) which enables banks to retrieve...
Business

Oil prices advance as China ramps up United States crude imports

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Akos Stiller/Bloomberg via Getty Images Oil prices rose on Monday as China’s plans to ship in large volumes of United States crude in August and...