By Adedapo Adesanya The oil market appreciated on Thursday to its highest level in nearly three months after US inflation data suggested interest rates in the...
By Adedapo Adesanya The crude oil market climbed about 3 per cent to close Friday’s trading session on a high note as supply concerns and technical...
By Adedapo Adesanya Oil was almost flat on Thursday as the market weighed tighter US crude supplies with the higher likelihood of an interest rate hike...
By Adedapo Adesanya Brent crude jumped by 40 cents or 0.5 per cent to $76.65 per barrel on Wednesday, and the US West Texas Intermediate (WTI)...
By Aduragbemi Omiyale An oil marketer, Mr Abubakar Maigandi, has warned that premium motor spirit (PMS), otherwise known as petrol, may again become a scarce commodity...
By Adedapo Adesanya The oil market climbed by almost 3 per cent on Wednesday as the second straight weekly draw from crude stockpiles in the United...
By Adedapo Adesanya The oil market fell about 4 per cent on Thursday as a bigger-than-expected Bank of England rate hike prompted worries about the global...
By Adedapo Adesanya Crude oil futures eased on Tuesday following disappointment with China, the world’s second-biggest oil consumer, after the size of cuts in its key...
By Adedapo Adesanya The oil market fell on Monday over worries about China’s economy, even as the country has been projected to lead growth this year....
By Adedapo Adesanya The crude oil market gained about 3 per cent to a one-week high on Thursday on a weaker US dollar, and a jump...