By Adedapo Adesanya News that oil inventories fell in the largest producing country, the United States, boosted major oil benchmarks by 2 per cent on Wednesday...
By Adedapo Adesanya Oil spiked and hit a five-month high based on larger than expected inventory draw this week, but fears of a second wave of...
By Adedapo Adesanya Brent crude returned to the $44 per barrel region on Tuesday following expectations of positive data on US crude inventories and fear of...
By Adedapo Adesanya Oil futures were mixed on Friday with support coming from European economic data but the gains were limited as tensions between the United...
By Adedapo Adesanya Oil prices fell on Friday as concerns about the recovery in fuel demand in the face of coronavirus cases surge continued following fresh...
By Adedapo Adesanya Fears by investors that the rising COVID-19 cases could affect the demand for crude oil at the global market put the prices of...
By Adedapo Adesanya Oil prices rose higher on Monday as traders banked on tighter supplies from major producers, leading the Brent crude to trade around the...
By Adedapo Adesanya The Brent crude returned to $40 levels on Tuesday despite resurgence of coronavirus in China, the world’s biggest crude importer. The international benchmark crude...
By Adedapo Adesanya The Brent crude hit the $28 per barrel price region on Monday, opening the first week of production cut in the positive territory...
By Adedapo Adesanya With the market still shocked by huge fall suffered by the US oil benchmark, West Texas Intermediate (WTI), yesterday, the global benchmark, Brent...
