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...
By Adedapo Adesanya Crude oil fell by 1 per cent on Wednesday after the US Federal Reserve projected more interest rate hikes this year, as government...
By Adedapo Adesanya The oil market climbed about 1 per cent on Wednesday on Saudi Arabia’s plans for a deep output cut and a drop in...
By Adedapo Adesanya Oil rose over 2 per cent on Friday after the United States Congress passed a debt ceiling deal that averted a government default...
By Adedapo Adesanya The oil market fell more than 4 per cent on Tuesday on fresh concerns about whether the US Congress will pass the much...
