By Adedapo Adesanya Crude oil prices rallied by more than 1 per cent on Wednesday after the United States President, Mr Donald Trump, ordered a blockade...
By Adedapo Adesanya The price of the global crude oil benchmark, Brent crude, lost 2.71 per cent or $1.64 to settle at $58.92 per barrel on...
By Adedapo Adesanya The oil market went down on Monday as investors balanced disruptions linked to escalating US-Venezuelan tensions with oversupply concerns and the impact of a...
By Adedapo Adesanya Oil prices closed lower on Friday as a supply glut and a potential Russia-Ukraine peace deal outweighed worries about any impact from the...
By Adedapo Adesanya Oil prices fell on Thursday as investors focused on Russia-Ukraine peace talks and trimming in the projected 2026 oil surplus, with Brent crude trading...
By Adedapo Adesanya Crude oil prices settled higher on Wednesday as the US seized an oil tanker off the coast of Venezuela, adding to concerns about...
By Adedapo Adesanya Crude oil was down on Tuesday, with investors keeping a close eye on peace talks to end Russia’s war in Ukraine. Brent crude...
By Adedapo Adesanya Oil prices slipped 2 per cent on Monday after Iraq restored production at one of its oilfields while investors weighed ongoing talks to...
By Adedapo Adesanya The oil market was up on Friday on increasing expectations the US Federal Reserve will cut interest rates next week, which could boost...
By Adedapo Adesanya Oil prices were up on Thursday amid investors’ expectations for the Federal Reserve to cut interest rates, while stalled Ukraine peace talks tempered...