After an almost uninterrupted rally from the early days of the pandemic, world markets are showing signs of levelling out as global finance chiefs shift from economy-boosting largesse to measures aimed at reining in inflation.
Analysts are also watching the corporate earnings season that is underway, with hopes that firms can match their stellar performances last year. The gains came thanks to demand optimism as the world reopens and concerns about Omicron ease. The loosening of travel restrictions in several countries has seen jet fuel costs soar.
“Reports of damage to fuel trucks and storage will concern oil market watchers, who are also keeping a close eye on the trajectory of ongoing nuclear talks between the US and Iran,” he added.“With negotiators running out of time, the risk of a deterioration in the region’s security climate is rising.”
Still bubu & his junta are still borrowing.
Oil price is rising now Nigeria Government can't ease their people by reducing all those taxes place on us through Bank charges and co.
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Crude Oil Hits 7-year High On Recovery Hope But Equity Rally Runs OutCrude oil hit a more than seven-year high Tuesday on optimism the global recovery will ramp up demand, but concerns about the end of long-running central bank support and rising Treasury yields saw most equity markets reverse early gains. After an almost uninterrupted rally from the early days of the pandemic, world markets are … Continue reading Crude Oil Hits 7-year High On Recovery Hope But Equity Rally Runs Out Nigeria we hail thee Oh dear! Just when Baba is about to sign out.... woye1
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