ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, September 16, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • All
    • Athletics
    • Basketball
    • Boxing
    • Esports
    • Football
    • Olympics
    • Paralympics
    • Tennis

    NSC Pays Athletes’ Allowances, Bonuses At Tokyo World Championships

    2026 WCQ: FIFA Clears South Africa In Player Eligibility Case

    Umtiti Quits Professional Football At 31

    Duplantis Seals 14th World Record, Claims 3rd World Title In Tokyo

  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • All
    • Athletics
    • Basketball
    • Boxing
    • Esports
    • Football
    • Olympics
    • Paralympics
    • Tennis

    NSC Pays Athletes’ Allowances, Bonuses At Tokyo World Championships

    2026 WCQ: FIFA Clears South Africa In Player Eligibility Case

    Umtiti Quits Professional Football At 31

    Duplantis Seals 14th World Record, Claims 3rd World Title In Tokyo

  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

‘Oil Prices To Maintain Upward Trajectory’

by Chika Izuora
3 years ago
in Business
oil
Share on WhatsAppShare on FacebookShare on XTelegram

Oil prices have been predicted to sustain its upward movement as there are asymmetrical upside drivers for oil prices by the end of the year, according to RBC Capital Markets, which is long oil with WTI call options for June 2023 at $120 a barrel.

Advertisement

The increased sanctions against Russia with the EU embargo on Russian crude oil imports by sea are set to drive oil higher,  managing director of Global Energy Strategy at RBC Capital Markets, Michael Tran told Bloomberg.

Volatility and choppy trading in crude oil futures are expected to continue, but investors should play the long game and give themselves time to see their view play out, Tran said.

Recession fears dominate market sentiment now, but investors should look beyond the immediate ‘palsy’ trade and be patient for their bet to materialize, he added.

This summer, the oil market was driven by fears, not fundamentals, and trading volumes in WTI were 30-40 per cent  lower, which exacerbated market volatility, Tran told BNN Bloomberg.

Related News

Nigeria’s AI Adoption Surpasses Global Growth Average

5 hours ago

Nigeria Leads Digital Asset Adoption In Africa

5 hours ago

 

Join Our WhatsApp Channel

SendShare10174Tweet6359Share

Other News Updates

Business

Nigeria’s AI Adoption Surpasses Global Growth Average

2025/09/16
Business

Nigeria Leads Digital Asset Adoption In Africa

2025/09/16
Business

External Reserves Grow By 12% To $41.663bn

2025/09/16
Business

AIICO Insurance Unveils Recycling Project For Greener Future

2025/09/16
Business

Universal Insurance MD, Duru Gets CIBN Associate Membership

2025/09/16
Business

Leadway Assurance’s Public-Private Partnerships Target 249,000 Farmers For Agric, Insurance Initiative

2025/09/16
Leadership Conference advertisement

LATEST

Petrol Price: Energy Expert Gives Reasons Nigerians Must Choose Dangote Over Marketers

Rivers APC Woos Fubara Ahead Of Reinstatement

Katsina Government Unveils Empowerment Plan For Repentant Bandits

Trump Set For Historic State Visit To UK Tuesday

Governor Buni Appoints 10 New Permanent Secretaries In Yobe

2027 Election Will Be Referendum On Tinubu – Udenta

‘A Specter Haunts Nigerian Politics’, Udenta Hints At Ex-President Jonathan’s Comeback

Ondo’s League Of Imams Chair Aladesawe Dies At 91

‘Nigerians Now Enjoying Low Food Prices’, Says Tinubu’s Adviser

Kano-Maradi Railway Project At 60% Completion – Minister

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.