Tag: Eagle Global Markets
Global markets continue slide on COVID-19, oil price war
Global central banks unveil bigger spending measures to counter the effects of the coronavirus outbreak – this comes as OPEC and the International Energy Agency warn that developing countries could lose up to 85 per cent of oil and gas income this year. Gbite Oduneye, Co-Founder of Eagle Global Markets joins CNBC Africa to breakdown the impact of the global pandemic on markets.
Brexit deal limits oil losses
The United Kingdom and the European Union have agreed on a new Brexit deal ahead of the EU Summit in Brussels. U.K Prime Minister Boris Johnson has called on the U.K parliament to approve the deal this Saturday. Meanwhile, news of the deal is limiting losses in oil prices. Uchenna Minnis, Chief Market Analyst at Eagle Global Markets joins CNBC Africa to unpack global oil market movements.
Oil rises on signs of easing trade tensions, will a consensus be reached in trade negotiations?
U.S President Donald Trump says the U.S and China will resume trade talks very shortly, brent crude futures are up in early trade after falling one per cent in the previous session. Uchenna Minnis, Chief Market Analyst at Eagle Global Markets joins me for a focus on the oil market and G7 meeting. He joins CNBC Africa for more.
IEA: Oil demand increases due to U.S-China trade war: How is this affecting Nigeria?
The International Energy Agency (IEA) says the mounting signs of an economic slowdown and escalation of the U.S-China trade war have caused global oil demand to grow at its slowest pace since the financial crisis of 2008. To discuss these stories and the implication for Nigeria, Uchenna Minnis, Chief market Analyst at Eagle Global Markets joins CNBC Africa for more.
Outlook for Brent crude prices
Brent crude prices have been downbeat in the past two sessions, Uchenna Minnis, Chief Market Analyst at Eagle Global Markets joins CNBC Africa for more.
Brent crude oil nears 6-week high
U.S oil producers have cut their production output by over half owing to storm in the Gulf of Mexico. This has pushed oil prices near a six-week high. Uchenna Minnis, Chief Market Analyst at Eagle Global Markets joins CNBC Africa for more.
Oil rises amid U.S. sanctions, surging China crude imports
Global oil markets remain tight as surging demand from China and U.S sanctions on Iran and Venezuela continue. Uchenna Minnis, Chief Market Analyst at Eagle Global Markets joins CNBC Africa to discuss the trends shaping the global oil market.
Oil market to tighten this year – OPEC
The Organisation of the Petroleum Exporting Countries says it expects the oil market to tighten this year following a significant drop in its production output. Uchenna Minnis, Chief Market Analyst at Eagle Global Markets joins CNBC Africa to look at activities influencing the global oil market.
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