By Adedapo Adesanya The two main crude oil grades closed higher on Wednesday, supported by large declines in US crude and fuel stocks, but concerns over...
By Adedapo Adesanya Oil prices fell by about 2 per cent on rising expectations of a ceasefire in Gaza and growing concerns about demand in China,...
By Adedapo Adesanya Brent crude slid by 23 cents or 0.3 per cent to $82.40 per barrel on Monday, its lowest level in over a month,...
By Adedapo Adesanya The prices of the major crude oil grades slipped on Friday as a strong Dollar and concerns over the economy of a top...
By Adedapo Adesanya Crude oil closed mixed on Thursday as investors wrestled with diverse signals about demand as concerns about an economic slowdown in the US...
By Adedapo Adesanya The oil market depreciated on Monday as worries about demand in top importer China offset supportive US economic news while the market continues...
By Adedapo Adesanya Crude oil depreciated on Friday as investors weighed weaker US consumer sentiment against mounting hopes for a rate cut in the world’s largest...
By Adedapo Adesanya The price of Brent crude benchmark settled above $85 on Thursday as oil prices rose for the second consecutive session amid rising hopes...
By Adedapo Adesanya Oil fell on Tuesday following traders’ discovery that extended supply interruptions were unlikely since Hurricane Beryl’s damage to the US oil-producing powerhouse in...
By Adedapo Adesanya Oil prices fell around 1 per cent on Monday as Hurricane Beryl shut refineries in the United States and ports along the Gulf...