Oil Market Settles Lower in Toughest Week Yet
Adedapo Adesanya By Adedapo Adesanya The oil market settled lower on Friday, reversing early gains of more than $1 a…
Oil Market
Continued Rate Hike Fears Depress Oil Market
By Adedapo Adesanya The oil market slid more than one per cent to a two-week low on Thursday…
Oil Extends Losses Amid Fears of Higher US Rate Hike
By Adedapo Adesanya After losing more than 3 per cent on Tuesday, the oil market extended losses in…
Russia’s Plans for Deeper Export Cuts Sway Oil Market
By Adedapo Adesanya The oil market reacted to plans by Russia to deeply cut its crude exports next…
Oil Extends Rally as Investors’ Worries Ease
By Adedapo Adesanya Oil rose for a third straight day on Wednesday, February 8, as investors felt more…
Oil Sheds 2% Amid Continued Interest Rate Hikes
By Adedapo Adesanya Oil dipped 2 per cent on Monday, pressured by expected increases to interest rates by…
Market Slumps on Strong Russian Oil Demand
By Adedapo Adesanya The oil market settled lower on Friday as indications of strong Russian oil supply offset…
Crude Oil Prices Up on Positive US, Chinese Data
By Adedapo Adesanya Crude oil prices rose more than 1 per cent on Thursday on expectations that global…
Brent Falls to $84 Despite Chinese Demand Recovery Outlook
By Adedapo Adesanya The price of Brent crude slid below $85 per barrel on Monday despite easing COVID…
Oil Market Jumps 3% on Improved Global Economic Outlook
By Adedapo Adesanya The oil market appreciated by 3 per cent on Wednesday as hopes for an improved…