Oil Market Dips as Saudi Arabia Mulls Supply Boost
Adedapo Adesanya By Adedapo Adesanya The oil market depreciated on Thursday as Saudi Arabia, the world’s top crude exporter, plans…
crude oil market
Crude Oil Prices Slump Over Ease in Libya Supply Concerns
By Adedapo Adesanya Crude oil prices slumped by over 2 per cent on Wednesday as worries over supply…
Oil Prices Soar 2% as Chinese Stimulus Sparks Optimism
By Adedapo Adesanya Oil prices climbed about 2 per cent on Tuesday spurred by China, the world’s top…
Weak European Data Dent Oil Prices
By Adedapo Adesanya It was a negative outcome for major crude benchmarks in the international market on Monday…
Oil Sees Marginal Drop Amid Rate Cut, Supply Fears
By Adedapo Adesanya Oil settled lower on Friday but recorded a second straight week of gains, as the…
Brent, WTI Further Gain 1% on US Rate Cut
By Adedapo Adesanya The main crude oil grades at the global market rallied on Thursday after a large…
Crude Oil Rises on Higher US Federal Reserve Rate Cut
By Adedapo Adesanya Crude oil went up on Wednesday after the US Federal Reserve announced an anticipated rate…
Oil Rises Further on Supply Disruption Amid Expected Rate Cut
By Adedapo Adesanya The price of oil went up on Tuesday as supply disruptions mounted as traders expected…
Oil Prices Grow on Extended US Hurricane Effect on Output
By Adedapo Adesanya Oil prices increased on Monday as the ongoing impact of Hurricane Francine on output in…
Crude Oil Prices Soar Over US Storm Disruption
By Adedapo Adesanya On Thursday, Brent crude futures rose by $1.70 or 2.4 per cent to $72.31 per…