₦airaland Forum

Dollars inversely proportional to oil Price

Oil prices rose again Thursday on data suggesting the US crude glut is easing as the dollar weakened against the euro.
US benchmark West Texas Intermediate for June delivery rose $1.05 to $59.63 a barrel on the New York Mercantile Exchange.
European benchmark Brent oil for June delivery gained 94 cents to $66.78 a barrel in London.
Analysts said the oil market continued to react to Wednesday’s US Department of Energy inventory report, which showed a 500,000 barrel drop in petroleum stocks to 61.7 million barrels at the key Cushing, Oklahoma trading hub.
While the decline was modest, it marked the first drop since late November. Traders are taking the decline as a sign producers are cutting back at key US petroleum sites, such as the Bakken region in North Dakota, analysts said.
“The oil price ‘wants’ to rise – this is the impression one is bound to gain if one looks at the events that have taken place on the oil market in recent weeks,” Commerzbank said.
“Certainly market participants are paying more attention and responding more to the ‘positive’ rather than to the ‘negative’ reports.”
Oil prices were given an additional upward push by the retreat in the dollar against the euro and some other currencies following Wednesday’s US economic report showing growth of just 0.2 percent in the first quarter.
A Fed statement Wednesday left open the timing of an increase as it waits for more signs of economic progress.
A weak dollar encourages consumption of crude and other dollar-denominated commodities outside the US.


http://www.vanguardngr.com/2015/04/oil-prices-rise-further-as-dollar-drops/

All these news reaching here in Space about NNPC, if they are true then Mr president elect might spend the first few weeks of his new office in NNPC tower.

OK na

lookooman:
After reading through all responses to the op, i feel the need to make a little contribution. I have been in the op shoe. I got my best job 7 years after graduation, but i wasn't idle. A lot of responses dwell on starting your own business, volunteering, repackaging yourself and cv, e.t.c i will like to share my experience

- Starting your own business: while this is a good option many job seekers just cant cos of money. To start and maintain a good business in Nigeria cost a lot which many can't afford. I started by borrowing 100,000 in 2008 to start selling recharge card but quit after about 8 months, why ? I was just making enough to feed myself alone, can't even send money home, of what use is that then........ The lesson here is if you can't start your own business with good money you will only end up not making money from the business.

- volunteering is a no no for me. Id rather do a low paying job than volunteer, you can build your experience from low paying jobs. My first job after service in 2008 paid me 12,000 but i took it for experience and not to stay idle while earning something

- repackaging yourself and cv: jobseekers don't have to apply for every job opening cos they are looking for work. I learnt that lesson early enough and only concentrate on jobs i am qualified for so as to increase my chances of getting called. Jobseekers have to look good and have good communication skills.

Opportunities available to jobseekers differ from location to location and individual to individual. I for instance detest marketing jobs and i stay clear of them. If you are not in a big city, the opportunities are limited and the pay smaller.

people should also know that the economic situation in Nigeria is bad, there are few good jobs, joblessness is actually not spiritual

The painful part of my job seeking sojourn is that while i was job hunting, i see my colleagues who are less brilliant getting the best jobs cos they are well connected...smh

but i believe that will reduce or stop now that gmb is here, jobs will start flowing in abundance soon.

GOD BLESS YOUR HUSTLE

God bless you Sir for being this real and sincere, you truly spoke as a Nigerian with the Nigerian experience, once again may God bless you 10,000 times. I'm not exaggerating it. I wish we have more like-minded people like you in this country. Infact I wish I could, I would have chosen you as mentor.

mrnilobrawn:
Dear All,

I will be leaving for Australia by mid june to commence my studies, is there any hope that this INTERVIEW will hold before then?

I really did want to attend before leaving.

We need more of such great move!
#Godpleasegiveusbetteralternative

OBAX Worldwide Limited is a private limited liability company which has built up a reputation for delivering Engineering, Procurement, Construction, Installation, Operation, Maintenance and Commissioning services in the Oil and Gas Industry in Nigeria and other parts of the world.


OBAX is recruiting fresh graduates to fill the position of Graduate Trainees for the under listed departments at our Head office in Edo State, Nigeria:

1. HUMAN RESOURCES DEPARTMENT
2. ACCOUNTING DEPARTMENT
3. ICT DEPARTMENT
4. ADMINISTRATION DEPARTMENT
5. BID AND TENDERING DEPARTMENT
6. QAQC DEPARTMENT
7. HSE DEPARTMENT
8. CIVIL ENGINEERING DEPARTMENT
9. MECHANICAL ENGINEERING DEPARTMENT
10. ELECTRICAL ENGINEERING DEPARTMENT
11. FACILITY MANAGEMENT DEPARTMENT
12. EQUIPMENT MAINTENANCE DEPARTMENT
13. DOCUMENT MANAGEMENT DEPARTMENT
14. PROCUREMENT DEPARTMENT
15. PROJECT PLANNING DEPARTMENT
16. FLEET DEPARTMENT


Requirements:
Zero to Two years' work experience. NYSC members that are serving in Edo State are encouraged to apply.
B.Sc./HND Graduates of Accountancy, Economics, Banking & Finance, Business Administration, Humanities, Computer Science, Civil Engineering, Mechanical Engineering, Petroleum Engineering, Electrical / Electronic Engineering, Quantity Surveying, Purchasing and Supply Management, Library Science or other related disciplines.
Minimum of second class division or Upper Credit
Good, passionate inter-personal skills and ability to effectively fit into a team
Excellent oral and written communication skills
Smart, Intelligent and likeable disposition
Analytical and lateral thinking skills
Proficient with the use of computer applications
Passion for learning
Not more than 30 years of age


How to Apply

Qualified candidates should forward a PDF copy of their CVs to recruitment@obaxworld.com or upload to our website www.obaxworld.com, using the name of the relevant department as the subject title. Applications without proper subject titles will be disqualified.

Application Closing Date 30th April, 2015

Only shortlisted candidates will be contacted

where are the Elect/Elect guys This thread is becoming interesting now but I'm afraid it's being Mechanicalized hu!

Pls which of the subsidiaries can Elect/Elect mostly be suited... (OT) precisely

.

Good morning... Pls check

Otali Okorie Henry 0000588477
Delta state.

tjkadzyanju:
if you ask this... then I ask mine too what will be the faith of those that are writing Immigration test?...am considering travelling to porrharcourt which will cost me more than 10k or staying in my Benin.

I think Govt. work is try your luck! If works out fine. But as that NIS if you're shortlisted pls go ahead and do the test....you might be lucky. Anyway thank God we still have a united Nigeria

As a result of the political surge that had happened in our nation, what will be faith of the much anticipated YOUWIN-4. ...Can we still WIN or what is the fate please.

Otali Okorie Henry 0000588477
Delta state. Thanks

Otali Okorie Henry 0000588477
Delta state pls.

Pls help to check,
Isimhemhen Christopher 0000000460
Edo

solarview:
You can now send and receive Email with other files attachment on the latest version of the popular whatsapp messager. This is in addition to the free call option that the latest update has.

Steps...
1. From the conversation page ENTER options.
2. Select MORE
3. Select Email conversation
4. Type your mail, and send

You can now send and receive Email with other files attachment on the latest version of the popular whatsapp messager. This is in addition to the free call option that the latest update has.

.

[quote author=StPete post=31930607]Congrats bro[/quote Thank for you.... Congrats

Princecalm:
Out of what?

.....political ignorance

Princecalm:
That is just stupidity in politics, just like another party can say you should not use broom to sweep your house on the day of election.

What's the way out...

One of the opposition parties told her members, not to take umbrella out on any of the election days. Even if it rains that day. If you do that means you're not a loyal member of our party. said the party local spokes person...

Do we really need all these?

Congrats...

customjob:
2015/16 nigeria immigration form is out call 08143268093 for help and processing

Please kindly visit the nearest psychiatrist, surely you gonna get some help.

CHM11:
Depends on Location in Benin, if its Uselu environ especially bdpa, a top class male hair salon would really make sense.

Though the barbers there must be very good to get the crowd. Not just cut, brush and clean barbers....they must know their onions, and work with faint dyes like the stylist in foreign countries do.

Thanks much.

MaureenIjeoma:
Inter Arc Consultants Ltd Vacancies
A Technician (Electrician) is Urgently needed in A Company Located in Benin City
Job Requirement
1) Applicant must have Basic Electrical Skills
2) Applicant must be a fast learner
3) Applicant must be resident in Benin City or its environs.

Qualified Applicants Should Apply in Person to: Inter Arc Consultants Ltd
90, Akpakpava Road,
Beside Zenith Bank,
Benin City.

Pls will you open tomorrow Saturday?

enomakos:
go for barbing saloon

Oga no comment??

fromnigeria:
i may not know as much, just do a research (feasibility study)

Thanks

A business center (typing , photo copying etc) or a Barbbing saloon, which is better for a young guy in Benin city. Please help with your advice. Thanks

A business center (typing , photo copying etc) or a Barbbing saloon, which is better for a young guy in Benin city. Please help with your advice. Thanks

SoftlyZ:
Hello people. I have an important question that has weighed me down. Please, grace your replies with how sure you are.

During documentation and medicals, is pregnancy test inclusive in the medicals? If so, does being pregnant (even if not heavy) pose a barrier to getting the job?

Please your informed reply would help in my decision making now. Thanks for anticipated reply.

Men....see question... Someone should please respond to it...for me sorry I only know that of NIS (immigration service).... Not allowed.