By Adedapo Adesanya Crude oil prices erased previous losses and jumped 3 per cent on Tuesday despite the announcement by the United States Administration that it...
By Adedapo Adesanya Oil prices fell more than 2 per cent on Wednesday after warnings of potential oversupply and COVID-19 cases in Europe increased the downside...
By Adedapo Adesanya The crude oil market depreciated on Friday by almost one per cent as the Dollar continued to firm on expectations that the United...
By Adedapo Adesanya A continuous global supply shortage and strong demand in the United States, the world’s biggest consumer of oil, pushed the global benchmark crude,...
By Adedapo Adesanya Oil traded mixed on Monday as tight global supply and strengthening fuel demand in the United States and beyond supported prices, just as...
By Adedapo Adesanya Despite Nigeria’s infrastructural challenges to meet peak oil production, the Minister of State for Petroleum Resources, Mr Timipre Sylva, has said the country...
By Adedapo Adesanya Crude oil prices tumbled at later sessions on Thursday after hitting a three-year high of $86 per barrel earlier in the day driven...
By Adedapo Adesanya Crude oil prices dropped yet again on Wednesday as the Organisation of the Petroleum Exporting Countries (OPEC) revised downward its 2021 estimate for...
By Adedapo Adesanya The prices of the two crude oil grades closed mixed on Tuesday as traders weighed the effect that higher energy costs could have...
By Adedapo Adesanya Crude oil showed no signs of slowing down on Monday, fuelled by the rebound in global demand that has also contributed to power...