By Adedapo Adesanya The oil market was depressed on Friday and posted a weekly loss after better-than-expected United States jobs data indicated that the world’s largest...
By Adedapo Adesanya Crude oil depreciated on Thursday as the market got wind of a possible ceasefire between Israel and Hamas and after a large refinery...
By Adedapo Adesanya Oil prices settled lower on Wednesday, pressured by low economic activity in leading crude importer, China, and a surprise build in US crude...
By Adedapo Adesanya Oil prices rose on Tuesday as a higher global economic growth forecast and escalating tensions in the Middle East offset concerns about Chinese...
By Adedapo Adesanya Oil appreciated on Friday as positive US economic growth and signs of Chinese stimulus boosted demand expectations, while Middle East supply concerns added...
By Adedapo Adesanya Oil prices went up on Thursday as US economic data showed faster-than-expected growth in the last quarter and as tensions in the Red...
By Adedapo Adesanya The oil market settled lower on Tuesday as traders focused on rebounding crude output in parts of the US along with rising supply...
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...