By Adedapo Adesanya Oil hit a 10-month high on Friday and posted a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts combined...
By Adedapo Adesanya Brent crude returned to the $90 region on Friday after it grew by 73 cents or 0.8 per cent to $90.65 per barrel,...
By Adedapo Adesanya The Brent crude futures fell below $90 a barrel on Thursday in volatile trade on multiple signals warning of weaker demand in the...
By Adedapo Adesanya The oil market maintained its upright posture on Wednesday as traders anticipated further draws on crude oil inventory in the United States following...
By Adedapo Adesanya The oil market improved on Thursday, rising for a third month in a row on expectations that cuts by the Organisation of the...
By Adedapo Adesanya Oil appreciated on Monday after China took steps to bolster its slumping economy, with Brent increasing by 65 cents or 0.8 per cent...
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...