Oil Prices Down on Russia-Ukraine War Development, US Inventories Build
Adedapo Adesanya By Adedapo Adesanya Oil prices trended south on Wednesday as investors weighed the intensifying war between Russia and…
crude oil market
Crude Oil Slides as Norway Production Resumes Amid Geopolitical Tussle
By Adedapo Adesanya Crude oil marginally depreciated on Tuesday as Norway’s oilfield restarted production, with plans by Iran…
Oil Prices Jump on Norwegian Outage, Ukraine War
By Adedapo Adesanya Oil prices climbed more than 3 per cent on Monday after crude production was halted…
Oil Market Slumps on Weak Chinese Economic Outlook
By Adedapo Adesanya The oil market closed lower by more than 2 per cent on Friday due to…
Oil Rises as Positive US Fuel Stocks Data Outweigh Supply, Demand Concerns
By Adedapo Adesanya Oil prices closed slightly higher on Thursday over draw in US fuel stocks outweighed oversupply…
Crude Oil Rebounds as Market Overlooks Demand Forecast Fears
By Adedapo Adesanya Prices of the crude oil grades rebounded on Wednesday after the market weighed the reduced…
Oil Market Reacts to Latest OPEC Demand Growth Forecast
By Adedapo Adesanya The latest downward review of demand growth forecast by the Organisation of the Petroleum Exporting…
China’s Disappointing Stimulus, Expected Supply Boost Shrink Oil Prices
By Adedapo Adesanya Oil prices fell by more than 2 per cent on Monday, with Brent crude futures…
Oil Prices Fall as Traders Overlook Supply Woes
By Adedapo Adesanya Oil prices dropped more than 2 per cent on Friday as traders overlooked supply disruptions…
Crude Oil Rises as Market Weighs Possible Trump Energy Policies
By Adedapo Adesanya Crude oil went up nearly one per cent on Thursday as the market considered how…