Crude Oil Jumps as OPEC+ Signals No Addition to Supply
Adedapo Adesanya By Adedapo Adesanya Prices of crude oil closed higher on Friday as the market’s attention turned to next…
Crude oil
Crude Oil Falls on Demand Concerns as US Fuel Inventories Rise
By Adedapo Adesanya The price of crude oil depreciated on Wednesday as demand concerns outweighed tight global supply…
Crude Oil Rises 2% as Biden Visit Produces No Output Boost
By Adedapo Adesanya Crude oil prices rose 2 per cent after the market found that an immediate Saudi…
Oil Market Falls Again as Inflation Stokes Fear of Rate Hike
By Adedapo Adesanya Oil settled lower on Thursday for the third consecutive day on the prospect of a…
Crude Oil Rises as Supply Shortage Beats Demand Worries
By Adedapo Adesanya Prices of crude oil on the global market went up on Monday as markets balanced…
Crude Oil Closes 2% Higher Amid Worries
By Adedapo Adesanya Crude oil rose 2 per cent on Friday amid pressure that investors worried about a…
Recession, Fresh Lockdown Fears Plunge Oil Prices by 9%
By Adedapo Adesanya Oil prices plummeted by about 9 per cent on Tuesday, with the Brent crude losing…
Crude Oil Drops as Economic Worries Offset Tighter Supply Signals
By Adedapo Adesanya Prices of crude oil were in red on Wednesday as worries about a weaker global…
Crude Oil Rises as G7 Nations Move to Sanction Russian Energy
By Adedapo Adesanya Crude oil traded higher on Monday as investors waited for any moves against Russian energy…
Navy Stops Theft of N2bn Petroleum Products in 12 Days
By Adedapo Adesanya The Nigerian Navy has stopped the theft of petroleum products worth almost N2 billion (precisely…