crude oil market | Business Post Nigeria

Brent Sells $84 Per Barrel on US Inventory Drops, Supply Disruption

March 14, 2024

By Adedapo Adesanya Brent crude jumped by 2.6 per cent or $2.11 to a four-month high of $84.03 per barrel on Wednesday on a

Economy

Oil Prices Dip on Surge in US Crude Production, Inflation

March 13, 2024

Adedapo Adesanya

By Adedapo Adesanya Oil prices dipped on Tuesday, following a higher-than-expected forecast for crude production and bearish economic data in the world’s largest oil

Economy

Oil Market Mixed as Middle Eastern Supply Concerns Ease

March 12, 2024

Adedapo Adesanya

By Adedapo Adesanya The oil market was mixed on Monday as concerns eased that fighting in the Middle East would disrupt supply and Chinese

Economy

Crude Oil Dips as Markets Weigh Chinese Demand

March 9, 2024

Adedapo Adesanya

By Adedapo Adesanya Crude oil dipped by 1 per cent on Friday as markets remained wary of Chinese demand even as the Organisation of

Economy

Oil Market Up on Small US Crude Stocks Build, Fed Rate Cut Signal

March 7, 2024

Adedapo Adesanya

By Adedapo Adesanya The oil market edged up about 1 per cent on Wednesday on a smaller-than-expected build in US crude inventories and positive

Economy

Oil Prices Fall on China’s Outlook, Waning Demand

March 6, 2024

Adedapo Adesanya

By Adedapo Adesanya Oil prices fell for a second straight session on Tuesday as scepticism around China’s economic growth and declining risk appetite countered

Economy

Oil Market Falls Despite OPEC+ Cut Extension

March 5, 2024

Adedapo Adesanya

By Adedapo Adesanya The oil market fell slightly on Monday, as demand headwinds outweighed a widely expected extension of voluntary output cuts through the