By Adedapo Adesanya Crude oil depreciated on Friday as investors weighed weaker US consumer sentiment against mounting hopes for a rate cut in the world’s largest...
By Adedapo Adesanya The price of Brent crude benchmark settled above $85 on Thursday as oil prices rose for the second consecutive session amid rising hopes...
By Adedapo Adesanya Oil fell on Tuesday following traders’ discovery that extended supply interruptions were unlikely since Hurricane Beryl’s damage to the US oil-producing powerhouse in...
By Adedapo Adesanya Oil depreciated on Friday as the possibility of a ceasefire deal in Gaza outweighed strong seasonal fuel demand and potential supply disruptions from...
By Adedapo Adesanya The Brent crude oil grade hit its highest level since April on Thursday, selling at $87.55 per barrel after gaining 0.2 per cent...
By Adedapo Adesanya Crude oil prices gained nearly 2 per cent on Monday on hopes of rising demand during the Northern Hemisphere’s summer driving season and...
By Adedapo Adesanya The crude oil market slightly settled higher on Wednesday as investors worried that a potential expansion of the Gaza war could disrupt supplies...
By Adedapo Adesanya Oil prices rose about 1 per cent on Monday, spurred by the prospect of strong summer driving demand and as tensions in the...
By Adedapom Adesanya Crude oil prices climbed higher on Thursday after the US Energy Information Administration (EIA) reported a draw on crude oil and data showing...
By Adedapo Adesanya Oil dipped on Wednesday after hitting seven-week highs as summer demand optimism and concerns over escalating conflicts, with Brent crude futures down by...