By Adedapo Adesanya Crude oil depreciated on Tuesday amid growing worries about fuel demand as COVID-19 outbreaks worsened in top crude importer, China, and jitters about...
By Adedapo Adesanya Oil prices edged lower on Monday over strict COVID-19 restrictions in China, the world’s top crude importer, with Brent crude futures losing 36...
By Adedapo Adesanya Prices of the crude oil grades fell on Monday after United States production rose amid weaker economic data out of China, with the...
By Adedapo Adesanya Crude oil surged by nearly 3 per cent on Wednesday, bolstered by record crude exports in the world’s largest oil-producing country, the United...
By Adedapo Adesanya The prices of the crude oil grades were marginally down on Thursday, as worries about inflation dampening oil demand contended while China is...
By Adedapo Adesanya Investors’ worry that economic storm clouds could foreshadow a global recession and erode fuel demand pulled down crude oil by nearly 2 per...
By Adedapo Adesanya The prices of crude oil grades jumped more than 3 per cent to a five-week high on Friday, lifted again by the decision...
By Adedapo Adesanya The crude oil market came to life on Tuesday on expectations of a large cut in production by the Organisation of the Petroleum...
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...