By Adedapo Adesanya The oil market moved up by over 2 per cent on Monday on tightening supply as hopes for Chinese stimulus measures boosted the...
By Adedapo Adesanya Brent crude rose by 1.8 per cent or $1.43 on Friday to sell at $81.07 per barrel, posting its fourth consecutive weekly gain,...
By Adedapo Adesanya The oil market finished lower on Wednesday as investors took profits following earlier gains on tighter US crude supplies and China’s pledge to...
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...
