Oil Market Rises on Higher Summer Fuel Demand Hopes
Adedapo Adesanya By Adedapo Adesanya The oil market climbed about 3 per cent on Monday, buoyed by hopes of rising…
Oil Market
Oil Prices Jump After European Central Bank Rate Cuts
By Adedapo Adesanya Oil prices increased by about 2 per cent on Thursday after the European Central Bank…
Crude Oil Market Rises on US Federal Reserve Rate Cut Optimism
By Adedapo Adesanya The crude oil market climbed by 1 per cent on Wednesday as hopes of an…
Oil Weakens Ahead of Weekend OPEC+ Meeting
By Adedapo Adesanya Oil finished its worst month of the year on Friday, May 31, ahead of a…
Oil Falls Over Weak US Demand
By Adedapo Adesanya Oil fell for the second consecutive session on Thursday, after the US government reported weak…
Brent, WTI Rise on OPEC+ Meeting Anticipation, US Summer Demand Boost
By Adedapo Adesanya The two major crude oil grades, Brent and West Texas Intermediate (WTI), appreciated on Tuesday…
Oil Market Extends Loss on US Demand Worries
By Adedapo Adesanya The oil market fell for a fourth consecutive session on Thursday, still gripped by the…
Oil Down on Inflationary Worries, Waning Geopolitical Risk
By Adedapo Adesanya Oil depreciated on Tuesday as lingering inflation poised to keep interest rates higher for longer…
Oil Eases as US Inflation, Interest Rate Outweigh Iran President Death
By Adedapo Adesanya Oil eased on Monday as US Federal Reserve officials signalled more delays to cutting interest…
Strong US Data, Inventories Drop Lift Brent, WTI Prices
By Adedapo Adesanya The prices of the two major crude oil grades rose on Wednesday from a two-month…