Oil Prices Mixed Despite Tight Supply, Strong Fuel Demand
Adedapo Adesanya By Adedapo Adesanya Oil traded mixed on Monday as tight global supply and strengthening fuel demand in the…
Crude oil
Nigeria Can Produce 3 million Barrels of Crude Oil—Minister
By Adedapo Adesanya Despite Nigeria’s infrastructural challenges to meet peak oil production, the Minister of State for Petroleum…
Crude Oil Stumbles After Reaching $86 Early Thursday
By Adedapo Adesanya Crude oil prices tumbled at later sessions on Thursday after hitting a three-year high of…
Crude Oil Slides as OPEC Revises Demand Estimates
By Adedapo Adesanya Crude oil prices dropped yet again on Wednesday as the Organisation of the Petroleum Exporting…
Oil Mixed as Energy Crisis Stoke Recovery Fears
By Adedapo Adesanya The prices of the two crude oil grades closed mixed on Tuesday as traders weighed…
Crude Oil Trades Above $83 as Energy Crunch Worsens
By Adedapo Adesanya Crude oil showed no signs of slowing down on Monday, fuelled by the rebound in…
Oil Market Opens Weak on Stronger US Dollar
By Adedapo Adesanya The crude oil market was bearish on Monday, falling more than one per cent as…
Crude Oil Slides as US Output Returns Gradually
By Adedapo Adesanya Crude oil fell on Friday as energy companies in the Gulf of Mexico restarted production…
Oil Remains Bullish as US Hurricane Effect Eases
By Adedapo Adesanya Oil prices were still in the bullish zone on Thursday after hitting a multi-week high…
Oil Woes Continue as Saudi Slashes Prices to Win Asian Market
By Adedapo Adesanya Oil fell further on Monday after Saudi Arabia slashed crude contract prices for Asia as…