By Adedapo Adesanya Oil settled slightly higher on Friday after Iran played down a reported Israeli attack on its soil, a sign that an escalation of hostilities in...
By Adedapo Adesanya Crude oil slumped on Thursday as investors weighed mixed US economic data, US sanctions on Venezuela and Iran and easing tensions in the...
By Adedapo Adesanya The oil market slid by 3 per cent on Wednesday, pressured by a rise in US inventories, weaker economic data from China, and...
By Adedapo Adesanya The prices of the oil futures were marginally down on Tuesday after economic headwinds pressured investor sentiment, curbing gains from geopolitical tensions with...
By Adedapo Adesanya Brent crude futures dropped below $90 per barrel after it shed 74 cents or 0.8 per cent to $89.74 per barrel as inflation...
By Adedapo Adesanya Oil prices fell on Monday after Israel reduced its troops in southern Gaza and began a fresh round of ceasefire talks with Hamas,...
By Adedapo Adesanya The Brent and US West Texas Intermediate (WTI) crude oil benchmarks rose more than $1 a barrel on Friday as markets watched for...
By Adedapo Adesanya The Nigerian Navy Ship, NNS Pathfinder, has uncovered and dismantled 16 illegal refineries with the capacity to refine 9.6 million litres of crude...
By Adedapo Adesanya The two major crude oil grades, Brent and the US West Texas Intermediate (WTI), traded at their highest in six months on Wednesday...
By Adedapo Adesanya Crude prices edged up about 1 per cent on Monday on expectations oil demand will climb following the release of positive economic news...