By Adedapo Adesanya After back-to-back losses, prices of crude oil benchmarks steadied on Thursday after erasing the impact of a surprise cut to production targets by...
By Adedapo Adesanya The oil market dropped by almost 4 per cent on Wednesday, extending the previous session’s sharp losses, as recession shadowed a report that...
By Adedapo Adesanya Oil settled higher on Monday, reversing losses as investors grew optimistic that holiday travel in China would boost fuel demand in the world’s...
By Adedapo Adesanya Oil edged higher on Friday on strong economic data in the Eurozone, the United States, and the United Kingdom, with Brent futures up...
By Adedapo Adesanya The crude oil market slid about 2 per cent to a two-week low on Wednesday despite a sharp decline in US crude inventories...
By Adedapo Adesanya The crude oil market settled largely unchanged on Wednesday despite greater-than-expected draws in crude and fuel stockpiles in the United States. Brent crude...
By Adedapo Adesanya Oil benchmarks jumped 6 per cent on Monday as the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) surprised the markets...
By Adedapo Adesanya The oil market improved by more than 1 per cent on Friday to record its second-straight week of gains, as supplies tightened in...
By Adedapo Adesanya Crude oil edged up on Tuesday, extending sharp gains from the previous session on supply disruption risks from Iraq. Brent crude futures settled...
By Adedapo Adesanya The oil market settled lower on Friday, reversing early gains of more than $1 a barrel as banking sector fears caused both benchmarks...