By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has said its members, including Nigeria, will continue to see demand for crude oil continue...
By Adedapo Adesanya The International Energy Agency (IEA) has said demand growth for oil next year will be slower than previously forecast. The Paris-based agency said...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has stated that the global oil demand forecast for 2023 was steady for a third...
By Adedapo Adesanya Brent crude fell by 3.5 per cent or $3.26 on Thursday as expectations of weaker demand and a strong US Dollar ahead of...
By Adedapo Adesanya Global oil demand is expected to rise by 1.7 million barrels per day this year compared to 2021. In its latest Oil Market...
By Adedapo Adesanya The prices of the crude oil benchmarks plunged more than 5 per cent on Friday amid worries that interest rate hikes by major...
By Adedapo Adesanya Crude oil prices came under pressure on Tuesday as the lockdown in China continues to weigh on the market despite the latest signal...
By Adedapo Adesanya Prices of crude oil were down on Monday by more than 3 per cent amid growing worries about the global energy demand outlook...
By Adedapo Adesanya Oil prices closed in the bearish territory on Friday as traders weighed the effect of weaker global growth, higher interest rates and COVID-19...
By Adedapo Adesanya Oil prices rose more than one per cent on Thursday on reports that implied petroleum products demand in the United States had risen...