crude oil prices | Business Post Nigeria

Oil Prices Soar as Ukraine Disrupts Russian Petroleum Supplies

March 20, 2024

By Adedapo Adesanya Oil prices further surged on Tuesday as traders assessed how Ukraine’s recent attacks on Russian refineries would affect global petroleum supplies.

Economy

Brent Jumps to $86 Per Barrel on Low Crude Exports, Stronger Demand

March 19, 2024

Adedapo Adesanya

By Adedapo Adesanya The price of the international crude benchmark, Brent Crude, rose by 88 cents or 1.0 per cent to $86.22 per barrel

Economy

Crude Oil Market Falls Despite Positive Signals

March 17, 2024

Adedapo Adesanya

By Adedapo Adesanya The crude oil market depreciated on Friday despite reporting gains earlier in the week due to improved demand and expected supply

Economy

Brent Rises to $85 as IEA Predicts Tighter Supply Market

March 15, 2024

Adedapo Adesanya

By Adedapo Adesanya Brent crude appreciated by $1.39 or 1.7 per cent on Thursday to sell at $85.42 per barrel, its highest level in

Economy

Oil Prices Dip on Surge in US Crude Production, Inflation

March 13, 2024

Adedapo Adesanya

By Adedapo Adesanya Oil prices dipped on Tuesday, following a higher-than-expected forecast for crude production and bearish economic data in the world’s largest oil

Economy

Oil Market Mixed as Middle Eastern Supply Concerns Ease

March 12, 2024

Adedapo Adesanya

By Adedapo Adesanya The oil market was mixed on Monday as concerns eased that fighting in the Middle East would disrupt supply and Chinese

Economy

Crude Oil Dips as Markets Weigh Chinese Demand

March 9, 2024

Adedapo Adesanya

By Adedapo Adesanya Crude oil dipped by 1 per cent on Friday as markets remained wary of Chinese demand even as the Organisation of

Economy

Oil Prices Fall on China’s Outlook, Waning Demand

March 6, 2024

Adedapo Adesanya

By Adedapo Adesanya Oil prices fell for a second straight session on Tuesday as scepticism around China’s economic growth and declining risk appetite countered

Economy

Oil Market Falls Despite OPEC+ Cut Extension

March 5, 2024

Adedapo Adesanya

By Adedapo Adesanya The oil market fell slightly on Monday, as demand headwinds outweighed a widely expected extension of voluntary output cuts through the