Demand Recovery Uncertainty Weaken Brent, WTI Friday
Adedapo Adesanya By Adedapo Adesanya Oil spiked and hit a five-month high based on larger than expected inventory draw this…
brent
Brent Returns to $44 over Supportive Crude Data, Instability Fears
By Adedapo Adesanya Brent crude returned to the $44 per barrel region on Tuesday following expectations of positive…
Brent Sheds 0.12% as US-China Tensions Outweigh Positive Data
By Adedapo Adesanya Oil futures were mixed on Friday with support coming from European economic data but the…
Oil Prices Fall as Fresh Lockdown Threatens Recovery
By Adedapo Adesanya Oil prices fell on Friday as concerns about the recovery in fuel demand in the…
Brent Sells at $41 on Demand, Oil Glut Worries
By Adedapo Adesanya Fears by investors that the rising COVID-19 cases could affect the demand for crude oil…
Brent Hits $43 as Producers Tighten Crude Supply
By Adedapo Adesanya Oil prices rose higher on Monday as traders banked on tighter supplies from major producers,…
Brent Rises to $40 Despite Coronavirus Resurgence Threat
By Adedapo Adesanya The Brent crude returned to $40 levels on Tuesday despite resurgence of coronavirus in China,…
Brent Climbs to $28 as Traders Embrace OPEC+ Cuts
By Adedapo Adesanya The Brent crude hit the $28 per barrel price region on Monday, opening the first…
Brent Sheds 19% to Sell at $20 Per Barrel
By Adedapo Adesanya With the market still shocked by huge fall suffered by the US oil benchmark, West…
Renewed Output Cut Talks Push Brent Closer to $35
By Adedapo Adesanya Brent Crude went close to $35 per barrel on Friday after traders renewed hopes in…