By Adedapo Adesanya Oil prices fell more than 10 percent on Monday, opening the week further bearish despite emergency stimulus by the United States Federal Reserve...
By Adedapo Adesanya The oil markets wrapped up its worst week in 12 years with a marginal recovery on Friday. During the week, the market witnessed...
By Adedapo Adesanya Crude oil prices fell more than four percent on Wednesday, reversing earlier gains after Saudi Arabia announced that it will raise its production...
By Adedapo Adesanya Oil prices crashed more than 9 percent to their lowest level in nearly three years on Friday night as major producing nations failed...
By Adedapo Adesanya Prices of crude oil fell on Wednesday, stopping gains recorded at previous sessions on Monday and Tuesday. During the midweek trading day, there...
By Adedapo Adesanya Last week saw major crude futures, Brent Crude and West Texas Intermediate (WTI), closing below $50 per barrel, signalling the worst performance for...
By Adedapo Adesanya The Department of Petroleum Resources (DPR) has disclosed that Nigeria’s crude oil deposit could be exhausted in five decades from now. This was...
By Adedapo Adesanya Prices of crude oil prices fell on Friday as worries over the coronavirus plaguing the oil market resumed its effect on demand. At...
By Adedapo Adesanya Prices of crude oil lost earlier gains on Tuesday despite considerations of the Organisation of the Petroleum Exporting Countries (OPEC) of exploring options...
By Adedapo Adesanya With over 2,800 cases of the Wuhan coronavirus confirmed, oil prices continued steady declines, falling to its lowest in three months as demand...