By Adedapo Adesanya The Brent Crude hit $35 per barrel on Monday, May 18 for the first time since March on rising demand and slowing supply...
By Adedapo Adesanya Crude oil prices rose more than 4 percent on Friday, closing the week positive and resulting into a second straight weekly gains since...
By Adedapo Adesanya As the oil market continues to make slow recovery on the back of production cut from oil producers, global investment firm, Goldman Sachs,...
By Adedapo Adesanya It was a good day for crude oil on Wednesday, April 29 as prices rose more than 25 percent due to slowing demand...
By Adedapo Adesanya April is set to be the worst month for oil in over 20 years as crude demand will drop by more than 20...
By Adedapo Adesanya Despite the agreement reached last week by oil producers to reduce the supply of crude oil by around 10 percent, the demand for...
By Adedapo Adesanya Crude oil prices were hit on Tuesday night as expectations of a huge crude oil inventory in the United States pulled prices down...
By Adedapo Adesanya Oil prices dropped on Monday after an emergency meeting called by the Organisation of the Petroleum Exporting Countries (OPEC) and allies, OPEC+, failed...
By Adedapo Adesanya Prices of major crude oil were mixed on Tuesday after Russia and the United States agreed to discuss the falling prices of the...
By Adedapo Adesanya As recession fears loom globally amid crash in oil prices, which are now trading in dire territory, the federal government has announced a...