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Sunday,August 09,2020 16:40 PM

Oil Prices

Investments in oil exploration and production...

Elly Karuhanga, chairman of Uganda Chamber of Mines and Petroleum (UCMP) conceded that it is a very difficult time for oil and gas companies but it is...

Oil prices fall as oversupply worries return...

Prices rose the previous day as traders looked past an increase in US commercial crude inventories to a record high to a fall in stocks of refined products...

Oil prices rally after plumbing new depths...

Prices for both key contracts dived Thursday in line with a sell-off across global markets as traders grow increasingly concerned about the state of the...

Oil market rebounds slightly

Gains were however capped by bearish data showing another increase in commercial crude inventories in the United States, the world's top oil consumer....

Dollar rises against emerging units as risk...

Traders moved out of higher-yielding and riskier emerging units after the International Monetary Fund announced overnight it had decided to downgrade its...

Global stocks hammered as oil prices push...

"The markets are trapped in a vicious circle," said Alexandre Baradez, an analyst at IG France.

Dollar weakens on lower inflation expectations...

Oil prices dropped more than six percent on Friday, taking losses since the beginning of the year to more than 21 percent.

Uganda shouldn't take lightly the drop in...

The oil industry, with its history of booms and busts, is in its deepest downturn since the 1990s.

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