Oil Crashes Below $100 Amid Russian-Ukraine War, Tight Market
Adedapo Adesanya By Adedapo Adesanya Oil crashed below $100 per barrel on Tuesday after losing more than 7 per cent…
Oil Market
US-Iran Talks Revival Further Weakens Oil
By Adedapo Adesanya The resumption of indirect discussions between the United States and Iran further retreated the price…
US-Iran Nuclear Talks Trigger Profit-taking in Oil Market
By Adedapo Adesanya The oil market settled lower on Monday following signs of progress in nuclear talks between…
Brent Soars to $90 as Market Maintains Bullish Trend
By Adedapo Adesanya The Brent crude went up by 69 cents or 0.77 per cent on Friday to…
Supply Disruptions in Nigeria Contributing to Oil Market Imbalance—IEA
By Adedapo Adesanya Nigeria continues to face supply disruptions, limiting the ability of the country to reach its…
Slow Demand, Oversupply Forecasts Pull Down Oil Market
By Adedapo Adesanya The forecasts by the International Energy Agency (IEA) that the Omicron variant will slow the…
Crude Oil Market Falls as Traders Sell-Off on Omicron Worries
By Adedapo Adesanya The crude oil market fell on Wednesday as traders used the opportunity provided by the…
Crude Oil Market Falls as Dollar Gains Strength
By Adedapo Adesanya The crude oil market depreciated on Friday by almost one per cent as the Dollar…
Oil Continues Climb on OPEC+ Decision, Gas Crunch
By Adedapo Adesanya Following the decision by the Organisation of the Petroleum Exporting Countries and allies (OPEC+) to…
Oil Market Opens Weak on Stronger US Dollar
By Adedapo Adesanya The crude oil market was bearish on Monday, falling more than one per cent as…