Oil Market Drops Amid Wider Global Equities Selloff
Adedapo Adesanya By Adedapo Adesanya The oil market dropped on Monday as a beating gripped the global stock markets, with…
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Brent, WTI Drop on Weak US Jobs Data, China Economic Woes
By Adedapo Adesanya The prices of oil grades fell on Friday, settling at their lowest since January after…
Major Crude Oil Grades Lose 2% on Middle East Crisis, Demand Concerns
By Adedapo Adesanya The major crude oil grades in the market, Brent and the US West Texas Intermediate…
Oil Market Jumps on Heightened Middle East Tension, Drop in US Stockpiles
By Adedapo Adesanya The oil market rose by nearly 3 per cent on Wednesday as investors worried that…
Brent Drops Below $80 as Israel Avoids Broader Middle East Conflict
By Adedapo Adesanya Brent crude fell below $80 per barrel, selling at $79.78 per barrel due to a…
Oil Slides on Faltering Chinese Demand, Gaza Ceasefire
By Adedapo Adesanya Oil fell by $1 on Friday, finishing the week lower on declining Chinese demand and…
Brent, WTI Jump as US Inventories Decline
By Adedapo Adesanya The two main crude oil grades closed higher on Wednesday, supported by large declines in…
Brent Falls to $82 as Investors Overlook Biden Exit, Focus on Weak Fundamentals
By Adedapo Adesanya Brent crude slid by 23 cents or 0.3 per cent to $82.40 per barrel on…
Brent, WTI Slide on Strong US Dollar, China Worries
By Adedapo Adesanya The prices of the major crude oil grades slipped on Friday as a strong Dollar…
Crude Oil Mixed Amid US Rate Cut Hopes, Economic Slowdown Signals
By Adedapo Adesanya Crude oil closed mixed on Thursday as investors wrestled with diverse signals about demand as…