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Oil prices edge up ahead of OPEC+ meeting to discuss supply cuts



Oil prices edge up ahead of OPEC+ meeting to discuss supply cuts

Tuesday saw a little increase in oil prices as hopes that OPEC+ may agree to a significant reduction in petroleum output when it meets on Wednesday helped to allay concerns about the state of the world economy.

By 0629 GMT, Brent crude futures had increased by more than 4% from the previous day, up 46 cents, or 0.5%, to US$89.32 per barrel.

The price of US crude futures increased by 30 cents, or 0.4%, to US$83.93 per barrel. The benchmark experienced its greatest daily increase since May last session, rising more than 5%.

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On Monday, oil prices increased as supply fears resurfaced. Investors anticipate that OPEC and its partners, collectively known as OPEC+, will reduce output by more than 1 million barrels per day (bpd) on Wednesday at their first in-person meeting since 2020.

According to OPEC sources, this could be followed by more voluntary cutbacks made by individual members, making it the biggest reduction since the COVID-19 outbreak began.

OPEC+ has never been this strong and will do all it takes to ensure that prices are supported in this market, according to Edward Moya, a senior analyst with OANDA, in a note.

Following unprecedented production cuts implemented in 2020 as a result of demand damage brought on by the COVID-19 pandemic, OPEC+ has increased output this year.

But the organization has recently fallen short of its targets for output growth, missing in August by 3.6 million bpd. “While OPEC+ may declare a significant cut (over 1 million bpd), the actual cut may be substantially smaller. This is because most OPEC+ members produce far less than their desired levels of output, “In a note, analysts at ING stated.

According to Goldman Sachs, the sudden drop in oil prices from recent highs justified the production cut that was being discussed, reinforcing its optimistic oil outlook.

According to Tina Teng, an analyst at CMC Markets, worries over the global economy could limit the upside as investors try to cash in on gains from the previous session.

Teng stated that there are still “uncertainties in the world markets, such as the volatility in the bond market, the sell-off in risk assets, and a surging U.S. currency.”

Oil prices have fallen for four months in a row as COVID-19 lockdowns in the world’s biggest oil consumer China restrained consumption and pressure from rising interest rates and a strong currency on international financial markets. The most aggressive wave of rate increases by major central banks in decades has begun, raising concerns about a slowdown in the world economy.

According to a preliminary Reuters poll released on Monday, the amount of U.S. crude oil stocks rose by almost 2 million barrels in the week leading up to September 30.

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Qilansar: Revolutionizing The Way Services Are Accessed






In a world where convenience and efficiency are paramount, Qilansar emerges as a leading online platform, revolutionizing the way people access services. With its seamless user experience, extensive network of skilled professionals, and commitment to exceptional customer service, Qilansar is transforming the service industry landscape. This article delves into the innovative features, remarkable growth, and positive impact that Qilansar is making on service seekers and providers alike.

Streamlining Service Access

Qilansar offers a user-friendly platform that connects customers with a wide range of services, ranging from home maintenance and personal wellness to education, pet care, events, virtual assistance, and beauty and wellness. Gone are the days of scouring different platforms or relying on word-of-mouth recommendations. With Qilansar, users can effortlessly browse through a diverse network of verified service providers and book appointments with just a few clicks. The platform’s intuitive interface and streamlined booking process prioritize convenience and save users valuable time and energy.

Quality Assurance and Accountability

One of Qilansar’s key differentiators is its commitment to quality assurance and accountability. Every service provider on the platform undergoes a rigorous vetting process, ensuring that customers can trust the professionals they hire. Moreover, Qilansar encourages users to leave reviews and ratings, promoting transparency and helping others make informed decisions. This feedback system fosters a community of trust, motivating service providers to maintain high standards of service excellence.

Driving Growth and Empowering Service Providers

Qilansar’s impact extends beyond the convenience it offers customers. The platform also plays a pivotal role in empowering service providers and helping them expand their reach. By joining Qilansar’s network, professionals gain access to a larger customer base and the opportunity to showcase their skills and expertise. This exposure enables service providers to grow their businesses, establish their reputations, and enhance their professional profiles. Qilansar’s dedication to supporting service providers is a testament to its commitment to fostering a thriving community of skilled professionals.

Embracing Technological Advancements

Qilansar recognizes the importance of leveraging technology to enhance the service experience. The platform is continually investing in cutting-edge tools and features to improve user interactions and simplify processes. From secure and reliable payment systems to personalized search options and dedicated customer support channels, Qilansar combines innovation with user-centric design to deliver an unparalleled service marketplace.

Downloading The Qilansar Application

To access the seamless services offered by Qilansar, customers can download the Qilansar app, available for both iOS and Android devices. Simply visit the App Store or Google Play Store and search for “Qilansar.” Once you find the app, click the download button and wait for the installation to complete. The Qilansar app provides a convenient and user-friendly interface, allowing customers to effortlessly browse services, book appointments, and manage their service requests on the go.


Qilansar’s emergence as a leading online platform for service access signals a significant shift in how people engage with service providers. By providing a seamless user experience, prioritizing quality assurance and accountability, empowering service providers, and embracing technological advancements, Qilansar is redefining the service industry landscape. Whether customers require home maintenance, personal wellness, education, pet care, events, virtual assistance, or beauty and wellness services, Qilansar offers a one-stop solution. As the platform continues to expand and evolve, it is poised to transform the lives of service seekers and providers, making access to high-quality services more convenient and efficient than ever before.

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Entrepreneur Cum Hairstylist, Millicent Tetteh Starts “Mimi De Hairdresser” In Accra




Entrepreneur and professional hairstylist, Millicent Tetteh has commissioned her new office, “Mimi De Hairdresser” in Accra yesterday in a grand style.

The event which was held on 25th November, 2023 saw bloggers and influencers gracing the occasion. It was indeed a spectacle to behold as many a man were treated with a gracious reception. As for ladies who needed braids and special hair treatment, they were treated pleasingly by the order of the Peaky Blinders on a softer note.

“Mimi De Hairdresser” located in Madina Estate near “Bag  and Save”  supermarket offer the following hair services; extensions, braid caps, installations, braids, nails, pedicure, manicure, piercing, salon services, et al. In fact, they offer all services as far as hair is concerned. They also are available for home services. They open every day from 9AM to 8pm.

Connect with “Mimi De Hairdresser” on the following social media fora;

Instagram: @iammimidehairdresser

Snapchat: aj_mimi8

Also contact Mimi on 0543565688.


Have a glimpse of the opening event and venue from below.


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