Recent Posts

Ivory Coast to appoint new govt after cabinet resigns

Bloomberg Ivory Coast Prime Minister Amadou Gon Coulibaly will appoint a new cabinet after the government resigned as the main political alliance is increasingly divided over the nomination of its candidate in 2020 presidential elections. Coulibaly was immediately reappointed to his post and has been asked to form a government with members of the ruling Rally of Houphouetists for Democracy ...

Read More »

Venezuela says China investing $250 million to boost oil output

Bloomberg Venezuela’s distressed oil sector may get some much needed financing from China, Finance Minister Simon Zerpa said after meetings with officials from China Development Bank and China National Petroleum Corporation. China Development Bank will invest more than $250 million to boost Venezuela oil production in the Orinoco Belt, Zerpa, who is currently in Beijing for bilateral talks, said in ...

Read More »

Canadian oil set for gains with transport woes seen abating

Bloomberg Canadian oil prices are poised to continue their slow, steady march upward next year as shipping bottlenecks ease and US refiners look north to fill the gap created by decreasing output from Venezuela, according to Deloitte. Western Canada Select at the Hardisty hub will average C$53.35 this year and climb to C$54.55 a barrel next year, according to a ...

Read More »
Send this to a friend