By Adedapo Adesanya The oil market dropped by almost 4 per cent on Wednesday, extending the previous session’s sharp losses, as recession shadowed a report that...
By Adedapo Adesanya Oil edged higher on Friday on strong economic data in the Eurozone, the United States, and the United Kingdom, with Brent futures up...
By Adedapo Adesanya The crude oil market slid about 2 per cent to a two-week low on Wednesday despite a sharp decline in US crude inventories...
By Adedapo Adesanya The crude oil market settled largely unchanged on Wednesday despite greater-than-expected draws in crude and fuel stockpiles in the United States. Brent crude...
By Adedapo Adesanya The crude oil market settled lower on Friday as the United States said it would be difficult to refill the Strategic Petroleum Reserves...
By Adedapo Adesanya The oil market slid more than one per cent to a two-week low on Thursday on increased worries the US Federal Reserve may...
By Adedapo Adesanya The crude oil market fell on Tuesday after comments from US Federal Reserve Chair Jerome Powell stoked rate hike fears, with Brent crude...
By Adedapo Adesanya The oil market reacted to plans by Russia to deeply cut its crude exports next month, with Brent rising by 2 per cent...
By Adedapo Adesanya Crude oil prices moderated on Thursday as oil infrastructure appeared to have escaped serious damage from the earthquake that devastated parts of Turkey...
By Adedapo Adesanya The price of Brent crude slid below $85 per barrel on Monday despite easing COVID restrictions in China, raising hopes of a demand...