crude oil market

crude oil market

Oil Market Dips on Rising US Stockpiles, Ceasefire Hopes

May 1, 2024

Adedapo Adesanya

By Adedapo Adesanya The oil market depreciated on Tuesday on the back of rising crude inventories and production in the US, the world’s biggest

oil earnings

Oil Falls $1 on Middle East Peace Talks, US Rate Cut Doubts

April 30, 2024

Adedapo Adesanya

By Adedapo Adesanya Oil lost more than $1 a barrel on Monday as Israel ceasefire talks in Cairo tempered fears of a wider Middle

crude oil prices

Middle East Concerns Buoy Crude Oil Prices as Economic Woes Remain

April 27, 2024

Adedapo Adesanya

By Adedapo Adesanya Crude oil prices settled higher on Friday amid continued tensions in the Middle East just as a strong Dollar and US

crude oil shippers tax books

Oil Rises as US Dollar Falls Amid Cooling Middle East Tensions

April 24, 2024

Adedapo Adesanya

By Adedapo Adesanya Oil rose by 1 per cent per barrel on Tuesday as the US Dollar index fell to its lowest in over

crude oil shippers tax books

Crude Oil Plunges as US Sanctions Outweigh Easing Tensions

April 19, 2024

Adedapo Adesanya

By Adedapo Adesanya Crude oil slumped on Thursday as investors weighed mixed US economic data, US sanctions on Venezuela and Iran and easing tensions

oil earnings

Oil Marginally Down as Economic Worries Outweigh Mideast Supply Fears

April 17, 2024

Adedapo Adesanya

By Adedapo Adesanya The prices of the oil futures were marginally down on Tuesday after economic headwinds pressured investor sentiment, curbing gains from geopolitical

crude oil price at market

Oil Market Rises on Geopolitical Tensions, Rate Cut Worries

April 13, 2024

Adedapo Adesanya

By Adedapo Adesanya The oil market rose by about 1 per cent on Friday on geopolitical tensions in the Middle East despite a bearish

brent crude oil

Brent Crude Drops Below $90 as Rate Cut Hope Dampens

April 12, 2024

Adedapo Adesanya

By Adedapo Adesanya Brent crude futures dropped below $90 per barrel after it shed 74 cents or 0.8 per cent to $89.74 per barrel

crude oil prices

Oil Prices Fall as Middle East Tensions Ease

April 9, 2024

Adedapo Adesanya

By Adedapo Adesanya Oil prices fell on Monday after Israel reduced its troops in southern Gaza and began a fresh round of ceasefire talks

crude prices

Crude Prices Jump on Positive US, China Demand Outlook

April 2, 2024

Adedapo Adesanya

By Adedapo Adesanya Crude prices edged up about 1 per cent on Monday on expectations oil demand will climb following the release of positive

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