By Adedapo Adesanya The oil market went up on Wednesday to a three-week high, the Brent crude rising by $1.57 or 1.7 per cent to $93.37...
By Adedapo Adesanya The oil market rose on Thursday as the market focused on Russian oil supply concerns, rebounding Chinese demand, and interest rates hike in...
By Adedapo Adesanya The Organisation of the Petroleum Exporting Countries and allies (OPEC+) is now producing below its targets by a record 3.58 million barrels per...
By Adedapo Adesanya The oil market will be waiting for the next decision concerning plans to boost production as the Organisation of the Petroleum Exporting Countries...
By Adedapo Adesanya The oil market reversed the recent gains and settled lower on Tuesday as investors worried about lower consumer confidence and braced for another...
By Adedapo Adesanya The crude oil market closed in the bearish territory on Friday after the European Union said it would allow Russian state-owned companies to...
By Adedapo Adesanya Oil settled lower on Thursday for the third consecutive day on the prospect of a large rate hike in the United States later...
By Adedapo Adesanya Supply disruptions from Libya and Norway pushed the prices of crude oil higher by about 2 per cent on Friday, with the Brent...
By Adedapo Adesanya The oil market improved by about 3 per cent on Friday, supported by tighter supply, with the Brent crude futures growing by $3.07...
By Adedapo Adesanya The oil market was down on Tuesday amid tight supply worries, a possible recession, and China’s COVID-19 curbs, causing the Brent crude to...
