Oil Market Dips as IMF Lowers Global Growth Forecast
Adedapo Adesanya By Adedapo Adesanya The oil market went down on Tuesday by more than 2 per cent as worsened…
Oil Market
Oil Market Gains After OPEC+ Agrees Significant Output Cuts
By Adedapo Adesanya The oil market went up on Wednesday to a three-week high, the Brent crude rising…
Oil Market Soars on Supply Concerns, Improved Demand
By Adedapo Adesanya The oil market rose on Thursday as the market focused on Russian oil supply concerns,…
Tight Supply Grips Oil Market as OPEC+ Production Slows 3.58mbpd
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and allies (OPEC+) is now producing below its…
Oil Market Awaits Next Step as OPEC+ Meets Wednesday
By Adedapo Adesanya The oil market will be waiting for the next decision concerning plans to boost production…
Oil Market Drops as Biden Plans Another Reserve Release
By Adedapo Adesanya The oil market reversed the recent gains and settled lower on Tuesday as investors worried…
Oil Market Dips as EU Tweaks Russian Energy Sanctions
By Adedapo Adesanya The crude oil market closed in the bearish territory on Friday after the European Union…
Oil Market Falls Again as Inflation Stokes Fear of Rate Hike
By Adedapo Adesanya Oil settled lower on Thursday for the third consecutive day on the prospect of a…
Supply Disruptions from Libya, Norway Lift Oil by 2%
By Adedapo Adesanya Supply disruptions from Libya and Norway pushed the prices of crude oil higher by about…
Oil Market Jumps 3% on Tighter Supply
By Adedapo Adesanya The oil market improved by about 3 per cent on Friday, supported by tighter supply,…