Oil Jumps 1% Ahead of OPEC+ Output Discussions
Adedapo Adesanya By Adedapo Adesanya Oil jumped more than one per cent on the first trading day of the new…
Crude oil
Crude Oil Ends 2021 Bearish as Omicron Infections Surge Worldwide
By Adedapo Adesanya Crude oil fell by close to 2 per cent on Friday, ending the year bearish…
Brent Recovers on Significant US Crude Stockpiles Draw
By Adedapo Adesanya Crude oil prices recovered on Wednesday after the Energy Information Administration (EIA) reported an inventory…
Fears of Chinese Demand Outlook Crash Crude Oil
By Adedapo Adesanya Crude oil prices settled lower on Thursday on fears over the economic outlook of the…
Crude Oil Recovers as OPEC+ Sticks to 400,000bpd Plan
By Adedapo Adesanya Crude oil prices returned to the bullish territory on Thursday as the Organisation of the…
Fears About Efficacy of Vaccines Against Omicron Batters Crude Oil
By Adedapo Adesanya Crude oil prices plunged afresh on Tuesday as vaccine authorities doubted the efficacy of COVID-19…
Crude Oil Jumps 3% as Market Overlooks US Reserve Release
By Adedapo Adesanya Crude oil prices erased previous losses and jumped 3 per cent on Tuesday despite the…
Oil Falls 2% on Oversupply Fears, Surging COVID-19 Cases
By Adedapo Adesanya Oil prices fell more than 2 per cent on Wednesday after warnings of potential oversupply…
Crude Oil Market Falls as Dollar Gains Strength
By Adedapo Adesanya The crude oil market depreciated on Friday by almost one per cent as the Dollar…
Sustained Supply Crunch Amid Demand Pushes Crude to Seven-Year High
By Adedapo Adesanya A continuous global supply shortage and strong demand in the United States, the world’s biggest…