By Adedapo Adesanya The crude oil market grew on Tuesday as traders weighed plans by the United States government to refill the nation’s emergency oil reserve...
By Adedapo Adesanya The oil market rose on Friday but fell for the third straight week after a sharp decline earlier this week ahead of benchmark...
By Adedapo Adesanya Crude oil prices were relatively stable after the European Central Bank (ECB) decided on Thursday to slow the pace of its interest rate...
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...