Oil Jumps 2% as Iraq Supports Output Cuts for Market Stability
Adedapo Adesanya By Adedapo Adesanya Oil gained about 2 per cent on Friday as Iraq voiced support for output cuts…
Oil Market
Oil Market Rises as Saudi, Russia Extend Supply Cuts
By Adedapo Adesanya The oil market rose on Monday as top exporters Saudi Arabia and Russia reaffirmed their…
Crude Oil Jumps as US, England Hold Interest Rates
By Adedapo Adesanya The crude oil market gained more than $2 a barrel on Thursday as the US…
Crude Oil Drops on Eased Middle East Tensions, Supply Worries
By Adedapo Adesanya Crude oil prices eased on Tuesday as markets worried less about potential supply disruptions from…
Oil Market Slips 3% as Supply Fears Ease
By Adedapo Adesanya The oil market slipped more than 3 per cent on Monday as fears eased that…
Oil Market Drops 2% on Eased Middle East Tensions, Weak Demand
By Adedapo Adesanya The crude oil market fell by 2 per cent on Thursday as fresh fears of…
Oil Prices Fall as Hamas Hostage Release Eases Pressure
By Adedapo Adesanya Oil prices settled lower on Friday after the Islamist group, Hamas, released two US hostages…
Oil Market Drops 1% as US May Ease Sanctions on Venezuela
By Adedapo Adesanya The oil market fell by one per cent on Monday after expectations rose that the…
Brent Jumps Nearly 6% on Possible Escalation of Israel-Gaza Rift
By Adedapo Adesanya Brent crude jumped nearly 6 per cent or $4.89 to $90.89 per barrel, posting its…
Market Oil Trades Mixed Amid Surge in US Crude Inventories
By Adedapo Adesanya The oil market traded mixed on Thursday as a large build in crude stockpiles in…