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Oil prices to remain low: WB

>Oil prices, which tumbled again yesterday, are likely to remain low throughout 2015, the World Bank has said.

TheCitizen

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Habari Zinazoendana

9 years ago

TheCitizen

Oil prices firm, but remain near six-year lows ahead of US report

Oil prices turned higher yesterday but remained near six-year lows ahead of the latest US energy report after jitters over China’s faltering economy spurred heavy losses earlier this week.

 

9 years ago

TheCitizen

Stung by low oil prices, Saudi makes massive subsidy cuts

Long accustomed to cheap utilities and some of the lowest petrol prices in the world, Saudis woke to a shock yesterday as authorities made massive subsidy cuts after falling oil prices caused a record deficit.

 

10 years ago

TheCitizen

Tea prices hit three-month low at Mombasa auction

>Tea prices have remained depressed since last year and farmers are expected to earn the lowest bonus payment for the 12 months to June due to a supply glut.

 

10 years ago

TheCitizen

EDITORIAL: Oil: Tell us all about prices

>There is no doubt that fuel is a key driver of any economy. Following the trend of falling prices of fuel products at the world market since last June, Tanzanians have been asking how it is that pump prices in the country do not seem to reflect the change.

 

10 years ago

TheCitizen

Relief as oil prices decrease

Oil prices have decreased. The fall follows changes in the world market.It has been difficult for petrol users in the last three months as its price escalated.

 

10 years ago

TheCitizen

Oil prices up as budget implemented

>As Tanzanians wake up to see rising prices of all petroleum products, the importation coordinator says that the country has enough stock.

 

10 years ago

TheCitizen

Possible effects of drop of oil prices globally

>The World Bank (WB) analysis on oil prices in Global Economic Prospects says gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth.

 

10 years ago

TheCitizen

Fall in oil prices pushes inflation down

Tanzania’s annual headline inflation decreased to 4 per cent in January from 4.8 per cent recorded in December pushed by a decrease of oil prices.

 

9 years ago

TheCitizen

Relief to oil consumers as prices fall

This year has started with relief to fuel consumers as the regulator announced lower prices for petrol, diesel and kerosene through January.

 

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