Economy Oil Market Falls on Surprise US Crude Inventories Data January 11, 2024 Adedapo Adesanya By Adedapo Adesanya The oil market fell on Wednesday after a surprise jump in US crude stockpiles raised worries about demand, with Brent crude Read More
Economy Oil Rebounds on Inventories Support Despite Sour Demand Outlook July 21, 2023 Adedapo Adesanya By Adedapo Adesanya Oil settled slightly higher on Thursday amid lower crude inventories in the US and strong crude imports by China, but a Read More
Economy Rising COVID-19 Cases, US Crude Inventories Weaken Oil Prices November 25, 2021 Adedapo Adesanya By Adedapo Adesanya The rise in crude oil inventories in the United States last week as reported by the Energy Information Administration (EIA) dampened Read More
Economy Oil Mixed over Expected Rise in US Crude Inventories November 3, 2021 Adedapo Adesanya By Adedapo Adesanya The prices of the two crude oil benchmarks at the global market closed mixed on Tuesday, November 2 ahead of weekly Read More
Economy Oil Continues Fall as US Crude Inventories Rise September 30, 2021 Adedapo Adesanya By Adedapo Adesanya Oil prices edged lower on Wednesday after crude inventories in the United States rose by more than anticipated, according to data Read More
Economy Oil Remains Stable Amid Drop in US Crude Inventories June 4, 2021 Adedapo Adesanya By Adedapo Adesanya Crude oil prices were stable on Thursday as stockpiles in the United States fell sharply, lending more support to the market Read More