By Adedapo Adesanya The oil market soared on Thursday after the International Energy Agency (IEA) joined the Organisation of the Petroleum Exporting Countries (OPEC) in forecasting...
By Adedapo Adesanya Oil closed lower on Tuesday as cooling expectations of interest rate cuts pushed the Dollar up while worries about weather disruption to production...
By Adedapo Adesanya The crude oil market rose by 1 per cent on Friday as an increasing number of oil tankers diverted course from the Red...
By Adedapo Adesanya The oil market fell by about 4 per cent on Monday on sharp price cuts by Saudi Arabia and a rise in output...
By Adedapo Adesanya Crude oil prices rose on Friday as the United States took a different approach to contain regional tensions as the Israel-Hamas conflict rages,...
By Adedapo Adesanya Oil settled lower on Thursday even as there was a larger-than-expected crude stock draw in the world’s largest oil producer, the US, with...
By Adedapo Adesanya The oil market depreciated in the first session of 2024 over interest rate worries amid concerns about tensions in the Red Sea expected...
By Adedapo Adesanya The price of Brent and West Texas Intermediate Crude futures rose slightly on Friday by 12 cents and 16 cents apiece to close...
By Adedapo Adesanya The crude oil market fell further by 3 per cent on Thursday as more shipping companies said they were ready to transit the...
By Adedapo Adesanya The oil market rose further on Tuesday, extending the previous session’s gains after attacks by Yemen’s Iran-aligned Houthi militants on ships in the...
