Oil Sinks on Higher US Crude Inventories
Adedapo Adesanya By Adedapo Adesanya Oil fell on Wednesday as higher US crude inventory and sluggish economic data from China…
Oil Market
Oil Prices Jump on Expected Growth in US Economy
By Adedapo Adesanya Oil prices edged higher on Tuesday on the projected healthier outlook of the United States…
Brent, WTI Slump on Weaker Demand in China, US
By Adedapo Adesanya The prices of Brent crude futures and the US West Texas Intermediate (WTI) crude futures…
Oil Rises as Global Supplies Tighten Further
By Adedapo Adesanya Oil rose by 1 per cent as top producers like Saudi Arabia and Russia extended…
Crude Oil Market Rises as Russia, Saudi Extend Supply Cuts
By Adedapo Adesanya The crude oil market gained more than 2 per cent on Thursday as Saudi Arabia…
Oil Rallies on Tight Global Supply, Rising Demand
By Adedapo Adesanya The oil market rallied on Monday and touched its highest point since January 2022, supported…
Crude Oil Won’t Sell at $90 Per Barrel in 2023—Analysts
By Adedapo Adesanya Some oil market analysts have projected that the price of crude oil is not expected…
Brent Jumps to $84 on OPEC+ Induced Supply Tightness
By Adedapo Adesanya Crude oil prices settled higher on Thursday, with Brent closing at $84.35 per barrel after…
Chinese Stimulus Plan, Tight Supply Revive Oil Market
By Adedapo Adesanya The oil market moved up by over 2 per cent on Monday on tightening supply…
Brent Hits $81 Amid Fresh Supply Disruption, Tightness
By Adedapo Adesanya Brent crude rose by 1.8 per cent or $1.43 on Friday to sell at $81.07…