By Adedapo Adesanya Oil increased its value on Monday on considerations of reducing output by more than 1 million barrels per day to buttress prices with...
By Adedapo Adesanya The easing of the United States Dollar and the threats of a possible disruption in the supply of crude oil in the Gulf...
By Adedapo Adesanya The prices of crude oil went down on Tuesday, with the Brent falling by 83 cents or 0.9 per cent to sell at...
By Adedapo Adesanya Crude oil prices edged higher by about 1 per cent on Thursday after Russia threatened to halt the exports of the commodity to...
By Adedapo Adesanya Crude oil prices fell on Tuesday as concern returned about the prospect of more interest rate hikes and COVID-19 lockdowns weakening fuel demand....
By Adedapo Adesanya Crude oil tumbled more than 3 per cent on Thursday as new COVID-19 lockdown measures in China added to worries of high inflation...
By Adedapo Adesanya The Group Managing Director/Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mr Mele Kyari, has pointed fingers at government officials,...
By Adedapo Adesanya Crude oil prices dropped on Thursday while the market was eyeing the United States Federal Reserve’s speech for clues about future interest rate...
By Adedapo Adesanya Positive economic data and robust fuel consumption in the world’s largest oil consumer and producer of crude oil, the United States, triggered a...
By Adedapo Adesanya Crude oil shed around 2 per cent on Friday on expectations that supply disruptions in the United States Gulf of Mexico would be...