Crude Oil Sinks on Anticipated Higher Hike in US Interest Rate
Adedapo Adesanya By Adedapo Adesanya The prices of crude oil were down on Tuesday as the market was seized by…
Crude oil
Crude Oil Slides as China Announces Fresh Lockdowns
By Adedapo Adesanya Crude oil inched lower on Thursday in a jittery trade as parts of Shanghai returned…
Brent, WTI Soar on High Chinese Demand Prospects
By Adedapo Adesanya Oil prices rose by one per cent on Tuesday on the back of a prospect…
Crude Oil Depreciates as Saudi Arabia Raises Export Prices
By Adedapo Adesanya Crude oil prices dropped after touching $121 per barrel on Monday, June 6 as Saudi…
Crude Oil Climbs as OPEC+ ‘Surprisingly’ Raises Output Quota
By Adedapo Adesanya Crude oil prices rose on Thursday as the Organisation of the Petroleum Exporting Countries and…
Prices Soar as EU Okays Ban on Russian Oil Imports
By Adedapo Adesanya Prices of crude oil further soared on Tuesday, May 31 after the leaders of the…
Oil Gains $3 on Tight Supply, OPEC+ Unwavering Output Plan
By Adedapo Adesanya Oil prices were flying high on Thursday due to signs of tight supply as the…
Nigeria’s Crude Oil Refining Capacity to Hit 1.2 million bpd in 5 Years—NCDMB
By Adedapo Adesanya The Nigerian Content Development and Monitoring Board (NCDMB) has expressed optimism that in the next…
Oil Market Down Amid Supply, Economic Worries
By Adedapo Adesanya The oil market was down on Tuesday amid tight supply worries, a possible recession, and…
Oil Drops as US Plans to Ease Sanctions on Venezuela
By Adedapo Adesanya Oil went south on Tuesday as the United States indicated that it will begin to…