Tag: energyinc advisors
Oil prices have climbed up in recent times driven by relaxed coronavirus restrictions and lock-downs in some countries which have allowed some businesses and factories to resume operations.
Ahead of OPEC’s meeting this week, oil prices rose by more than four per cent from multi-year lows earlier, as hopes of a deeper cut by the oil producing club and stimulus from Central Banks fuelled the rebound. Rolake Akinkugbe-Filani, Managing Director of Energyinc Advisors joins CNBC Africa me for more.
Iran launched over a dozen ballistic missiles on multiple bases housing U.S troops in Iraq, in a retaliation attack that spiked oil prices to four-month highs to over $71, after which prices settled to about $69 dollars and 83 cents per barrel. Rolake Akinkugbe-Filani, Managing Director for EnergyInc Advisors joins CNBC Africa to discuss trends that will shape the oil markets this year.