By Adedapo Adesanya Oil soared more than 2 per cent on Tuesday as Israel threatened to attack Lebanon if the ceasefire deal with Hezbollah collapses while...
By Adedapo Adesanya The oil market was mixed on Monday amid hopes of stronger demand backed by higher factory activity in China as concerns emerged that...
By Adedapo Adesanya The crude oil market closed lower on Friday, extending pressures from the week due to easing concerns over supply risks from the Israel-Hezbollah...
By Adedapo Adesanya Oil prices settled lower on Tuesday after Israel agreed to a ceasefire deal with Lebanon, reducing oil’s risk premium, with Brent crude futures...
By Adedapo Adesanya There are worries about possible shortages as the Nigerian government’s plan to sell crude priced in the local currency is faltering. In July,...
By Adedapo Adesanya Crude oil prices climbed about 1 per cent on Friday as the intensifying war in Ukraine this week boosted the market’s geopolitical risk...
By Adedapo Adesanya Crude oil marginally depreciated on Tuesday as Norway’s oilfield restarted production, with plans by Iran to cap its uranium stockpile offsetting concerns about...
By Adedapo Adesanya Oil prices climbed more than 3 per cent on Monday after crude production was halted in Norway, which added to the latest escalation...
By Adedapo Adesanya The oil market closed lower by more than 2 per cent on Friday due to weaker Chinese demand and a potential slowing in...
By Adedapo Adesanya Oil prices closed slightly higher on Thursday over draw in US fuel stocks outweighed oversupply concerns and demand worries stemming from a stronger...