Oil Records First Loss in 10 Days as OPEC Trims Demand
Adedapo Adesanya By Adedapo Adesanya Crude oil went the negative route on Thursday, halting a nine-day gaining streak after demand…
Crude oil
Crude Oil Hits $61 as Inventories Continue to Drop
By Adedapo Adesanya The recent gains at the international oil market continued on Tuesday as the global benchmark,…
Oil Climbs More Than 2% over Supply Reins
By Adedapo Adesanya Oil prices rose more than 2 per cent on Monday, buoyed by the beginning of…
Oil Closes Mixed Despite Hopes of Fresh Vaccine Supply
By Adedapo Adesanya Oil prices closed the week mixed on Friday despite news surrounding two new vaccines, one…
Crude Goes South Despite Heavy Inventories Drop
By Adedapo Adesanya Oil prices dropped again on Wednesday despite a massive drop in crude inventories in the…
Fresh Hopes of US Stimulus, Weaker Dollar Favour Crude Oil
By Adedapo Adesanya Oil prices closed higher on Tuesday as the market hopped on a weaker Dollar and…
Crude Oil Maintains Upward Movement Amid Crisis in US
By Adedapo Adesanya Oil prices continued their ascent on Wednesday as the Energy Information Administration (EIA) reported a…
Crude Closes 2020 Positive Despite COVID-19, Price Crash Impacts
By Adedapo Adesanya Oil prices ended the year 2020 on a positive note, in a year marred by…
Crude Oil Prices Fall as OPEC Delays Output Talks
By Adedapo Adesanya Crude oil prices were pointing down on Tuesday as concerns over mounting supply returned after…
Crude Extends Bullish Run as OPEC Releases Demand Outlook
By Adedapo Adesanya Oil prices held their positive run despite the Organisation of the Petroleum Exporting Countries (OPEC)…