By Adedapo Adesanya The price of international crude benchmark, Brent Crude, increased by 3 per cent or $2.42 on Thursday to sell at $81.36 per barrel...
By Adedapo Adesanya Oil rose for a third consecutive day on Wednesday, despite a larger-than-expected build in US crude inventories and rising tensions in the Middle...
By Adedapo Adesanya The two major crude oil grades recorded some gains following talk of a possible lengthy ceasefire in the Gaza War, with Brent rising...
By Adedapo Adesanya Oil prices rose on Monday on concerns that tensions in the Middle East and Russia’s ongoing invasion of Ukraine could curb global supplies....
By Adedapo Adesanya The oil market was depressed on Friday and posted a weekly loss after better-than-expected United States jobs data indicated that the world’s largest...
By Adedapo Adesanya Crude oil depreciated on Thursday as the market got wind of a possible ceasefire between Israel and Hamas and after a large refinery...
By Adedapo Adesanya Oil prices settled lower on Wednesday, pressured by low economic activity in leading crude importer, China, and a surprise build in US crude...
By Adedapo Adesanya Oil prices rose on Tuesday as a higher global economic growth forecast and escalating tensions in the Middle East offset concerns about Chinese...
By Adedapo Adesanya The oil market fell on Monday as China’s ailing property sector sparked demand worries, causing traders to reassess the supply risk premium from...
By Adedapo Adesanya Oil appreciated on Friday as positive US economic growth and signs of Chinese stimulus boosted demand expectations, while Middle East supply concerns added...
