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...
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 Organisation of the Petroleum Exporting Countries (OPEC) still expects the global economy to accelerate in the second half of 2021, keeping its...
By Adedapo Adesanya Despite the shocks that plagued the oil market last year, a semblance of good news has materialised for Nigeria and other oil-producing nations...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries (OPEC) has raised its 2021 oil demand growth forecast in the hopes that the coronavirus impact...
By Adedapo Adesanya Prices of crude oil went southwards on Wednesday as the Organisation of the Petroleum Exporting Countries (OPEC) revised down its 2021 forecast for...
By Adedapo Adesanya Crude oil pointed south on Tuesday as shaky global demand recovery took away the spotlight from a number of supportive developments such as...
By Adedapo Adesanya The oil market was down on Friday over concerns that demand in the world’s top oil importer, China, could falter amid rising COVID-19...
