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Oil set for third monthly decline as strong dollar weighs

Oil set for third monthly decline as strong dollar weighs

Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slipped 36c, or 0

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Kabalega industrial park to start next year.

Kabalega industrial park to start next year.

The Ugandan government says construction of the Kabalega Industrial Park in Kabaale Sub-County, Hoima District, will begin in 2026. Spanning nearly 30 square kilometres, the park is expected to bolster the country’s emerging oil and gas sector and create more than 35,000 jobs. The project forms

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What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

What is it that Uganda and United Arab Emirates investors want as they meet in Kampala?

The UAE Ambassador to Uganda, HE Abdulla Salem Alshemeli, H.E Sheikh Sultan Jemai Al. Hindas, Director General of the Furjairah Chamber Commerce and Industry and the Prime Minister of Uganda Hon. Nabbanja Robinah and Hon. Dr Monica Musenero the Minister of Science Technology and Innovation Inform

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No electricity until 80% of residents start paying.

No electricity until 80% of residents start paying.

City Power says it won’t turn the lights back on for some Alexandra residents on 9th and 10th avenues until 80% of customers start paying for electricity.After an outage caused by burnt jumpers and breakers at City Power’s mini substation left some residents on 9th and 10th avenues alo

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Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

Uganda’s Oil Reserves Rise to 6.65 Bn Barrels, says Nankabirwa.

The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6.4 billion,

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Trump instructs Pentagon to start testing nuclear weapons ‘on an equal basis’ with Russia and China.

Trump instructs Pentagon to start testing nuclear weapons ‘on an equal basis’ with Russia and China.

President Donald Trump on Thursday threatened to begin testing US nuclear weapons in response to actions by rival countries, an announcement that came moments before his meeting with Chinese leader Xi Jinping.Trump in a post on social media said, “The United States has more Nuclear Weapo

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The world's most dangerous 'Death Road' where tourists take selfies with crosses.

The world's most dangerous 'Death Road' where tourists take selfies with crosses.

Carved into the rugged cliffs of the Bolivian Andes, the North Yungas Road has earned an ominous nickname: the "Death Road." This 64km stretch links the capital city of La Paz to the lush Yungas region, plunging from high-altitude plateaus into dense rainforest. For decades, it has been notorious

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Carabao Cup quarter-final draw in full: Arsenal face Crystal Palace as Chelsea meet Cardiff

Carabao Cup quarter-final draw in full: Arsenal face Crystal Palace as Chelsea meet Cardiff

Arsenal will face Crystal Palace in a London derby in the quarter-finals of the Carabao Cup, while Chelsea travel to Cardiff.Manchester City have been drawn against Brentford, while holders Newcastle are at home to Fulham.Last-eight ties will be played before Christmas in the week b

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EPL: ‘They can’t win title’ – David James tips Arsenal for bad season.

EPL: ‘They can’t win title’ – David James tips Arsenal for bad season.

Former goalkeeper, David James, has said despite their impressive run in the Premier League so far this season, Arsenal will not win the title.The Gunners are four points above second-placed Bournemouth in the Premier League following their 1-0 win over Crystal Palace on Sunday.Mike

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Horrifying moment skidding jackknifed lorry flattens car killing two after losing control on rain-soaked road

Horrifying moment skidding jackknifed lorry flattens car killing two after losing control on rain-soaked road

THIS is the horrifying moment a huge lorry skids wildly out of control before smashing into an oncoming car.Two people were found dead among the wreckage after the semi-trailer suddenly jackknifed as it came careening down a rain-soaked road.A large white semi-truck is jackknifed ac

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