Crude Oil Rises as Europe’s Central Bank Slows Rate Hike Pace
Adedapo Adesanya By Adedapo Adesanya Crude oil prices were relatively stable after the European Central Bank (ECB) decided on Thursday…
Oil Market
Crude Oil Prices Soar as Pressure Eases
By Adedapo Adesanya After back-to-back losses, prices of crude oil benchmarks steadied on Thursday after erasing the impact…
Oil Market Dips as Recession Worries Outweigh US Stockpiles Draw
By Adedapo Adesanya The oil market dropped by almost 4 per cent on Wednesday, extending the previous session’s…
Oil Rises as Chinese Data Boost Demand Outlook
By Adedapo Adesanya Oil settled higher on Monday, reversing losses as investors grew optimistic that holiday travel in…
Oil Rises on Positive Europe, US, UK Economic Data
By Adedapo Adesanya Oil edged higher on Friday on strong economic data in the Eurozone, the United States,…
Crude Oil Market Slides Despite Draw in US Stockpiles
By Adedapo Adesanya The crude oil market slid about 2 per cent to a two-week low on Wednesday…
Crude Oil Market Flat Despite Drop in US Crude, Fuel Inventories
By Adedapo Adesanya The crude oil market settled largely unchanged on Wednesday despite greater-than-expected draws in crude and…
Oil Jumps on Supply Fears as OPEC+ Slashes 3.7% Global Output
By Adedapo Adesanya Oil benchmarks jumped 6 per cent on Monday as the Organisation of the Petroleum Exporting…
Oil Market Grows on Positive Inflation Signal, Supply Factor
By Adedapo Adesanya The oil market improved by more than 1 per cent on Friday to record its…
Crude Oil Extends Gains on Continue Supply Disruption Risks
By Adedapo Adesanya Crude oil edged up on Tuesday, extending sharp gains from the previous session on supply…