Brent, WTI Slide on Strong US Dollar, China Worries
Adedapo Adesanya By Adedapo Adesanya The prices of the major crude oil grades slipped on Friday as a strong Dollar…
Oil Market
Crude Oil Mixed Amid US Rate Cut Hopes, Economic Slowdown Signals
By Adedapo Adesanya Crude oil closed mixed on Thursday as investors wrestled with diverse signals about demand as…
US Stockpile Draws, Weaker Dollar Push Oil Prices Higher by 2%
By Adedapo Adesanya Oil prices climbed by about 2 per cent on Wednesday after a drop in US…
Demand Concerns in China Depress Oil Market
By Adedapo Adesanya The oil market depreciated on Monday as worries about demand in top importer China offset…
Crude Oil Falls as Investors Weigh Demand, Rate Cuts
By Adedapo Adesanya Crude oil depreciated on Friday as investors weighed weaker US consumer sentiment against mounting hopes…
Brent Trades Above $85 Per Barrel as US Inflation Cools
By Adedapo Adesanya The price of Brent crude benchmark settled above $85 on Thursday as oil prices rose…
Oil Drops as Market Escapes Serious Hurricane Beryl Damage
By Adedapo Adesanya Oil fell on Tuesday following traders’ discovery that extended supply interruptions were unlikely since Hurricane…
Oil Prices Slide as Hurricane Beryl Threatens US Demand, Ceasefire Deal Advances
By Adedapo Adesanya Oil prices fell around 1 per cent on Monday as Hurricane Beryl shut refineries in…
Oil Drops on Ceasefire Talks, Ease in Supply Disruption Concerns
By Adedapo Adesanya Oil depreciated on Friday as the possibility of a ceasefire deal in Gaza outweighed strong…
Oil Market Gains on Decline in US Crude Inventories
By Adedapo Adesanya The oil market gained about 1 per cent on Wednesday after a decline in US…