China Growth Worries, US Crude Build Sink Oil Prices
Adedapo Adesanya By Adedapo Adesanya Oil prices settled lower on Wednesday, pressured by low economic activity in leading crude importer,…
Oil Market
Positive Global Economic Forecasts Buoy Oil Prices
By Adedapo Adesanya Oil prices rose on Tuesday as a higher global economic growth forecast and escalating tensions…
Oil Market Falls on Chinese Demand Concerns Amid Rising Supply Risks
By Adedapo Adesanya The oil market fell on Monday as China’s ailing property sector sparked demand worries, causing…
US Economic Growth, Chinese Stimulus, Middle East Concerns Boost Oil
By Adedapo Adesanya Oil appreciated on Friday as positive US economic growth and signs of Chinese stimulus boosted…
Oil Prices Soar on Positive US Data, Red Sea Tensions
By Adedapo Adesanya Oil prices went up on Thursday as US economic data showed faster-than-expected growth in the…
Oil Market Declines as Supply Rebound in US, Libya, Norway
By Adedapo Adesanya The oil market settled lower on Tuesday as traders focused on rebounding crude output in…
Conflicts, US Weather Disruption Escalate Crude Oil Prices
By Adedapo Adesanya Crude oil prices rose on Monday as traders saw supply tightening due to conflicts in…
Oil Falls Amid Middle East Tensions, Disruption Concerns
By Adedapo Adesanya Oil settled slightly lower on Friday but recorded a weekly gain as Middle East tensions…
Oil Market Soars on Positive Global Demand Forecast
By Adedapo Adesanya The oil market soared on Thursday after the International Energy Agency (IEA) joined the Organisation…
Oil Trades Mixed on Impact of US Weather, Chinese Demand Woes
By Adedapo Adesanya Crude oil benchmark prices were mixed on Wednesday as weather disrupted production in United States…