By Adedapo Adesanya Oil futures closed higher by 1 per cent on Friday as diesel prices in the US, the world’s largest oil consumer, with the...
By Adedapo Adesanya Oil rebounded on Thursday after a report of sliding gasoil stocks in Europe ended the volatile sessions triggered by demand worries and a...
By Adedapo Adesanya China’s economic issues keep reflecting weakening demand from the world’s top crude importer, and this has further impacted oil prices. On Tuesday, Brent...
By Adedapo Adesanya Crude oil prices finished lower on Monday as hopes for Chinese demand faded, causing Brent to shed 34 cents or 0.4 per cent...
By Adedapo Adesanya Crude oil prices appreciated on Friday on signs of slowing US output, with Brent gaining 68 cents or 0.8 per cent to settle...
By Adedapo Adesanya Crude oil rose on Thursday after falling for three straight sessions, as it outweighed a weaker US Dollar while China’s central bank sought...
By Adedapo Adesanya Oil settled lower on Wednesday despite a large drawdown in crude stocks in the United States as investors weighed worries about China’s embattled...
By Adedapo Adesanya Oil prices finished lower on Monday on worries about China’s faltering economic recovery and a stronger US Dollar as well as supply resumed...
By Adedapo Adesanya Crude oil edged higher on Friday after the International Energy Agency (IEA) forecast record global demand and tightening supplies, with Brent rising by...
By Adedapo Adesanya Oil fell on Wednesday as higher US crude inventory and sluggish economic data from China raised concerns about global fuel demand, causing Brent...