By Adedapo Adesanya Oil fell for a second straight session on Thursday as a result of an uncertain demand outlook with COVID-19 infections spreading in the...
By Adedapo Adesanya Crude oil settled lower on Wednesday as traders weighed concerns over a surge in COVID-19 cases in China, the world’s top oil importer....
By Adedapo Adesanya Oil prices hit a three-week high on Tuesday as the market returned from the Christmas holiday spurred by hopes of a demand recovery...
By Adedapo Adesanya The oil market benefited from the response of Russia to the Group of Seven (G7) price cap policy on Russian exports, with Brent...
By Adedapo Adesanya Oil fell by around $1 a barrel as the impact of tighter crude stocks due to a winter storm in the United States...
By Adedapo Adesanya The prices of the two major crude oil benchmarks rose by more than $2 on Wednesday after data showed a larger-than-expected draw in...
By Adedapo Adesanya The crude oil market rose on Monday as optimism around China relaxing its COVID-19 restrictions outweighed fears of a global recession that would...
By Adedapo Adesanya The oil market went south for the first time this week on Thursday as traders worried about the fuel demand outlook due to...
By Adedapo Adesanya Oil prices rose more than $2 on Wednesday after the Organisation of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA)...
By Adedapo Adesanya Brent crude appreciated by $2.69 or 3.5 per cent, its biggest daily gains, to settle at $80.68 per barrel on Tuesday after data...