By Adedapo Adesanya The oil market climbed about 3 per cent on Monday, buoyed by hopes of rising fuel demand this summer despite a stronger US...
By Adedapo Adesanya Oil prices increased by about 2 per cent on Thursday after the European Central Bank (ECB) opted to cut interest rates, with the...
By Adedapo Adesanya The crude oil market climbed by 1 per cent on Wednesday as hopes of an interest rate cut by the US Federal Reserve...
By Adedapo Adesanya Crude oil tumbled more than $2 a barrel on Monday as investors worried about the demand outlook despite an output decision from the...
By Adedapo Adesanya The two major crude oil grades, Brent and West Texas Intermediate (WTI), appreciated on Tuesday at the market on the expectation that the...
By Adedapo Adesanya Oil depreciated on Tuesday as lingering inflation poised to keep interest rates higher for longer and likely weighed on consumer demand at the...
By Adedapo Adesanya Oil eased on Monday as US Federal Reserve officials signalled more delays to cutting interest rates over signs that inflation was not at...
By Adedapo Adesanya The crude oil market settled higher by about 1 per cent on Friday after economic indicators from the world’s top two oil consumers,...
By Adedapo Adesanya The prices of the two major crude oil grades rose on Wednesday from a two-month low in the prior session as the market...
By Adedapo Adesanya The oil market settled lower on Tuesday after data from the United States stoked concerns that interest rates may stay high, with Brent...