Oil Market Grows Further as Red Sea Trade Route Worry Heightens
Adedapo Adesanya By Adedapo Adesanya The oil market rose further on Tuesday, extending the previous session’s gains after attacks by…
Oil Market
Oil Jumps 2% on Fresh Red Sea Supply Disruption Worries
By Adedapo Adesanya Oil rose nearly 2 per cent on Monday as investors worried about supply disruptions after…
Oil Market Shrinks on Mixed Demand Signals
By Adedapo Adesanya The oil market finished lower on Friday as traders tried to reconcile mixed signals for…
Brent Soars to $77 on Weaker Dollar, Positive Oil Demand Signal
By Adedapo Adesanya Brent crude rose by 4 per cent or $3.00 on Thursday to trade at $77.26…
Oil Jumps on US Crude Inventories Drop, Red Sea Attack
By Adedapo Adesanya Oil appreciated on Wednesday following a bigger-than-expected weekly withdrawal from US crude stockpiles and on…
Oil Prices Climb Amid OPEC+ Cuts Worries, Demand Concerns
By Adedapo Adesanya Oil prices settled up slightly on Monday as production from the Organisation of the Petroleum…
US, China Sluggish Energy Outlook Depress Oil Prices
By Adedapo Adesanya Oil prices fell further on Thursday touching a six-month low, as investors worried about sluggish…
Oil Falls as Market Doubts Further OPEC+ Cuts
By Adedapo Adesanya Oil fell on Monday as traders approached the market with caution over plans by the…
Oil Falls as OPEC+ Postpones Crucial Meeting
By Adedapo Adesanya Oil fell nearly 1 per cent on Wednesday after the Organisation of the Petroleum Exporting…
Oil Market Soars on US Sanctions on Russian Shippers
By Adedapo Adesanya The oil market appreciated on Friday as investors, who had taken short positions, took profits,…