oil barrel

Oil rises above $70 since 2014, warning lights flash up in Asia

Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by OPEC will dominate the market this year. But some traders are sounding a warning – the world’s biggest crude consuming region, Asia, is showing signs of an impending downward correction. Prices for Brent crude […]

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Don’t ‘underestimate’ US, warns Trump as he kicks off Asia tour

President Donald Trump Sunday issued a stern warning that “no dictator” should underestimate the United States as he kicked off an Asian tour dominated by the North Korea nuclear crisis. Speaking to cheering military personnel at Yokota Air Base just west of Tokyo minutes after landing, Trump donned a bomber jacket and said “no one, […]

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Over 2.4 billion Africans, Asians don’t have official identity – NCC

Over 2.4 billion citizens who reside in Asia, Africa and Nigeria do not have official identity that is not trackable to events or actions. Nigerian Communications Commission’s Director Public Affairs, Mr Tony Ojobo gave this hint in Lagos on Monday at the Nigerian Institute of Public Relations, NIPR, during the commission’s Annual Second Directors Conference […]

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UAE to expand trade ties with Asia, Africa

The United Arab Emirates, one of the Middle East’s largest economies, wants to expand trade ties with faster growing nations in Asia and Africa, a senior official said on Sunday. Rich Gulf Arab states are looking at ways to diversify their economies, including who they trade with, after more than two years of depressed oil […]

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