By Adedapo Adesanya Oil dipped on Wednesday after hitting seven-week highs as summer demand optimism and concerns over escalating conflicts, with Brent crude futures down by...
By Adedapo Adesanya Crude oil settled more than 1 per cent higher on Tuesday due to escalating tensions in Europe and the Middle East as wars...
By Adedapo Adesanya Oil prices slightly went down on Friday after a survey showed weakening US consumer sentiment as investors weighed forecasts for solid crude oil...
By Adedapo Adesanya Oil settled slightly higher on Tuesday as the US Energy Information Administration (EIA) raised its global oil demand growth forecast for the year...
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...