Economy Brent Hits $114 as China Eases Lockdown May 17, 2022 Adedapo Adesanya By Adedapo Adesanya Brent crude soared by $3.56 or 2.4 per cent to $114.20 per barrel on Monday on optimism that China’s lockdowns are Read More
Economy Weaker Chinese Demand Outlook Slashes Oil Prices by 6% May 10, 2022 Adedapo Adesanya By Adedapo Adesanya Oil prices were down on Monday as the Chinese demand outlook was low amid continuous lockdowns, causing the Brent crude to Read More
Economy Brent Reaches $111 as Biden Plans Reserve Buyback May 6, 2022 Adedapo Adesanya By Adedapo Adesanya Brent crude continued its ascent on Thursday, reaching $111 per barrel after it gained 0.74 per cent or 82 cents as Read More
Economy Brent Jumps to $110 as EU Bans Russian Oil May 5, 2022 Adedapo Adesanya By Adedapo Adesanya Brent crude soared to $110.18 per barrel on Wednesday after rising by 5.21 or 4.96 per cent as details on the Read More
Economy Brent Trades at $109 on Expected Russian Supply Disruption April 30, 2022 Adedapo Adesanya By Adedapo Adesanya Brent crude continued its ascent on Friday as it traded at $109.3 per barrel after appreciating by 1.63 per cent or Read More
Economy Brent Remains Positive on Moderate US Stockpile Build April 28, 2022 Adedapo Adesanya By Adedapo Adesanya Brent crude futures gained 0.16 per cent or 15 cents on Wednesday to sell at $105.20 per barrel while the US Read More
Economy Brent Trades Lower as Worrying Demand Offsets Supply Disruptions April 22, 2022 Adedapo Adesanya By Adedapo Adesanya The Brent crude futures traded lower at the market on Thursday by $1.26 or 1.1 per cent to $107.07 per barrel Read More
Economy Oil Plunges 5% as IMF Cuts Global Growth Forecasts April 20, 2022 Adedapo Adesanya By Adedapo Adesanya Oil prices plunged more than 5 per cent on Tuesday on demand concerns after the International Monetary Fund (IMF) reduced its Read More
Economy Supply Worries Shoot Brent to $108 per Barrel April 14, 2022 Adedapo Adesanya By Adedapo Adesanya The return of supply worries to the oil market caused the price of the Brent crude to rise by 4.02 per Read More
Economy Brent Drops Below $100 on Chinese Lockdown Fears April 12, 2022 Adedapo Adesanya By Adedapo Adesanya The price of the international benchmark crude, Brent, fell below the $100 per barrel mark on Monday, precisely trading at $99.01 Read More