Economy Crude Oil Appreciates as China Moves to Ease Concerns August 18, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil rose on Thursday after falling for three straight sessions, as it outweighed a weaker US Dollar while China’s central Read More
Economy Oil Slides as China’s Concerns Outweigh Drop in US Stockpiles August 17, 2023 Adedapo Adesanya By Adedapo Adesanya Oil settled lower on Wednesday despite a large drawdown in crude stocks in the United States as investors weighed worries about Read More
Economy Oil Prices Dip on China’s Weak Economy August 16, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices fell over 1 per cent on Tuesday on sluggish Chinese economic data, which comes at a time that the Read More
Economy Shell Resumes Forcados Crude Export After Suspension August 14, 2023 Adedapo Adesanya By Adedapo Adesanya Shell Nigeria has resumed exports of the country’s Forcados grade of crude oil on Sunday, a spokesperson of the oil major Read More
Economy Crude Oil Rises as IEA Forecast Strong Demand August 12, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil edged higher on Friday after the International Energy Agency (IEA) forecast record global demand and tightening supplies, with Brent Read More
Economy Oil Sinks on Higher US Crude Inventories August 10, 2023 Adedapo Adesanya By Adedapo Adesanya Oil fell on Wednesday as higher US crude inventory and sluggish economic data from China raised concerns about global fuel demand, Read More
Economy Oil Prices Jump on Expected Growth in US Economy August 9, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices edged higher on Tuesday on the projected healthier outlook of the United States economy, but bearish data on China’s Read More
Economy Oil Rises as Global Supplies Tighten Further August 5, 2023 Adedapo Adesanya By Adedapo Adesanya Oil rose by 1 per cent as top producers like Saudi Arabia and Russia extended supply cuts through September, adding to Read More
Economy Crude Oil Market Rises as Russia, Saudi Extend Supply Cuts August 4, 2023 Adedapo Adesanya By Adedapo Adesanya The crude oil market gained more than 2 per cent on Thursday as Saudi Arabia and Russia took steps to keep Read More
Economy Crude Oil Falls Despite Record Draw in US Crude Stockpiles August 3, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil went down by 2 per cent on Wednesday despite a historic drop in crude stocks in the United States, Read More