By Adedapo Adesanya A continuous global supply shortage and strong demand in the United States, the world’s biggest consumer of oil, pushed the global benchmark crude,...
By Adedapo Adesanya Oil traded mixed on Monday as tight global supply and strengthening fuel demand in the United States and beyond supported prices, just as...
By Adedapo Adesanya Despite Nigeria’s infrastructural challenges to meet peak oil production, the Minister of State for Petroleum Resources, Mr Timipre Sylva, has said the country...
By Adedapo Adesanya Crude oil prices tumbled at later sessions on Thursday after hitting a three-year high of $86 per barrel earlier in the day driven...
By Adedapo Adesanya Crude oil prices dropped yet again on Wednesday as the Organisation of the Petroleum Exporting Countries (OPEC) revised downward its 2021 estimate for...
By Adedapo Adesanya The prices of the two crude oil grades closed mixed on Tuesday as traders weighed the effect that higher energy costs could have...
By Adedapo Adesanya Crude oil showed no signs of slowing down on Monday, fuelled by the rebound in global demand that has also contributed to power...
By Adedapo Adesanya The crude oil market was bearish on Monday, falling more than one per cent as a rise in the US Dollar weakened appetite...
By Adedapo Adesanya Crude oil fell on Friday as energy companies in the Gulf of Mexico restarted production after back-to-back hurricanes in the region clamped down...
By Adedapo Adesanya Oil prices were still in the bullish zone on Thursday after hitting a multi-week high a day earlier as the threat to US...
