By Adedapo Adesanya The crude oil market jumped more than $1 a barrel on Thursday, closing out the month higher on the prospect of the Organisation...
By Adedapo Adesanya Crude oil prices fell for the second consecutive session on Wednesday as the US Dollar strengthened and government data showed a surprise jump...
By Adedapo Adesanya Oil prices settled lower on Tuesday as the market weighed the loss of Russian refinery capacity after recent Ukrainian attacks, with Brent crude...
By Adedapo Adesanya Crude oil fell on Wednesday as the US Federal Reserve held interest rates steady and demand concerns continued to weigh. This weakened the...
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 on Monday,...
By Adedapo Adesanya The crude oil market depreciated on Friday despite reporting gains earlier in the week due to improved demand and expected supply tightness. Brent...
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 four months,...
By Adedapo Adesanya Brent crude jumped by 2.6 per cent or $2.11 to a four-month high of $84.03 per barrel on Wednesday on a surprise withdrawal...
By Adedapo Adesanya Nigeria’s crude oil production on a month-on-month basis dropped by 7.9 per cent to 1.322 million barrels per day, barrels per day in...
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 producer, the...