By Adedapo Adesanya The oil market rallied on Monday and touched its highest point since January 2022, supported by signs of tightening global supply and rising...
By Adedapo Adesanya Some oil market analysts have projected that the price of crude oil is not expected to reach $90 per barrel this year due...
By Adedapo Adesanya Crude oil prices settled higher on Thursday, with Brent closing at $84.35 per barrel after gaining 1.6 per cent or $1.32 during the...
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)...
