By Adedapo Adesanya The oil market fell on Wednesday after a surprise jump in US crude stockpiles raised worries about demand, with Brent crude losing 79...
By Adedapo Adesanya The oil market fell by about 4 per cent on Monday on sharp price cuts by Saudi Arabia and a rise in output...
By Adedapo Adesanya Crude oil prices rose on Friday as the United States took a different approach to contain regional tensions as the Israel-Hamas conflict rages,...
By Adedapo Adesanya Oil settled lower on Thursday even as there was a larger-than-expected crude stock draw in the world’s largest oil producer, the US, with...
By Adedapo Adesanya The oil market depreciated in the first session of 2024 over interest rate worries amid concerns about tensions in the Red Sea expected...
By Adedapo Adesanya The crude oil market fell further by 3 per cent on Thursday as more shipping companies said they were ready to transit the...
By Adedapo Adesanya Oil rose nearly 2 per cent on Monday as investors worried about supply disruptions after the Iran-aligned Yemeni Houthi militant group attacked ships...
By Adedapo Adesanya The newly appointed board and management team for the Nigerian National Petroleum Company (NNPC) Limited has pledged to produce two million barrels of...
By Adedapo Adesanya Brent crude rose by 4 per cent or $3.00 on Thursday to trade at $77.26 per barrel following a weaker Dollar and the...
By Adedapo Adesanya Oil appreciated on Wednesday following a bigger-than-expected weekly withdrawal from US crude stockpiles and on worries about the security of Middle East oil...
