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News in Brief

News review: 3rd November,2017

  • SOURCE: | qwesa2big
  • http://citibusinessnews.com/index.php/2017/11/03/energy-bond-auction-ends-today/

     

    1.

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     Oil prices to rise in 2018 due to demand and production cuts

    Oil prices forecast show a rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production.

    Read more: https://thebftonline.com/business/commodity-prices-likely-to-rise-further-in-2018-world-bank-oil-prices-to-average-56-a-barrel-in-2018-up-from-2017-average-of-53bbl/

    2. Africa should create gas pricing index as demand rises – ministers

    600 million people are without electricity, Africa is turning to liquefied natural gas (LNG) as a cheaper way to power up amid plentiful global supply. With the enormous potential for an LNG market, Africa should create gas pricing index.

    Read More https://www.reuters.com/article/africa-oil-gas/africa-should-create-gas-pricing-index-as-demand-rises-ministers-idUSL8N1N186H

    3. NPA launches campaign to fight fuel station accidents. (Daily Searchlight Page 8)

    4. Fuel safety: A shared responsibility (Business & Financial Times page 13)

    5. TEN Partners organizes WASH in schools (Business & Financial Times Page 9)

    6. Government to beef up security at oilfields-Defence Minister (The Finder Page 10 )

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