By Adedapo Adesanya It was a negative outcome for major crude benchmarks in the international market on Monday due to worries about demand following disappointing business...
By Adedapo Adesanya Oil settled lower on Friday but recorded a second straight week of gains, as the market continued to weigh the outcome of the...
By Adedapo Adesanya The main crude oil grades at the global market rallied on Thursday after a large cut in US interest rates and declining global...
By Adedapo Adesanya Crude oil went up on Wednesday after the US Federal Reserve announced an anticipated rate cut announcement, with Brent increasing by 0.3 per...
By Adedapo Adesanya The price of oil went up on Tuesday as supply disruptions mounted as traders expected that demand would grow if the US Federal...
By Adedapo Adesanya Oil prices increased on Monday as the ongoing impact of Hurricane Francine on output in the US Gulf of Mexico offset persistent Chinese...
By Adedapo Adesanya Oil prices fell on Friday as US Gulf of Mexico crude production resumed following Hurricane Francine, with Brent crude futures trading at $71.61...
By Adedapo Adesanya On Thursday, Brent crude futures rose by $1.70 or 2.4 per cent to $72.31 per barrel and the US West Texas Intermediate (WTI)...
By Adedapo Adesanya Oil prices climbed more than 2 per cent on Wednesday, driven by fears of lengthy production shutdowns in the United States, with Brent...
By Adedapo Adesanya These are not the best of times for Nigeria as funding its 2024 budget is getting tougher as a result of the sharp...
