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...
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...