Oil Appreciates on China’s Latest Step to Prop Economy
Adedapo Adesanya By Adedapo Adesanya Oil appreciated on Monday after China took steps to bolster its slumping economy, with Brent…
Oil Market
Oil Futures Rise on US Diesel Boost, Fire Disruption
By Adedapo Adesanya Oil futures closed higher by 1 per cent on Friday as diesel prices in the…
Oil Rebounds as European Storage Data Signals Positive Demand
By Adedapo Adesanya Oil rebounded on Thursday after a report of sliding gasoil stocks in Europe ended the…
Chinese Faltering Economy Dampens Oil Mood
By Adedapo Adesanya China’s economic issues keep reflecting weakening demand from the world’s top crude importer, and this…
Crude Oil Dips as Chinese Demand Fades
By Adedapo Adesanya Crude oil prices finished lower on Monday as hopes for Chinese demand faded, causing Brent…
Crude Oil Prices Rise on Slowing US Output
By Adedapo Adesanya Crude oil prices appreciated on Friday on signs of slowing US output, with Brent gaining…
Crude Oil Appreciates as China Moves to Ease Concerns
By Adedapo Adesanya Crude oil rose on Thursday after falling for three straight sessions, as it outweighed a…
Oil Slides as China’s Concerns Outweigh Drop in US Stockpiles
By Adedapo Adesanya Oil settled lower on Wednesday despite a large drawdown in crude stocks in the United…
Worrying Chinese Economic Recovery, Strong Dollar Weaken Oil Prices
By Adedapo Adesanya Oil prices finished lower on Monday on worries about China’s faltering economic recovery and a…
Crude Oil Rises as IEA Forecast Strong Demand
By Adedapo Adesanya Crude oil edged higher on Friday after the International Energy Agency (IEA) forecast record global…