By Adedapo Adesanya The crude oil market settled higher on Friday but fell week-on-week after health authorities in China eased some of the country’s heavy COVID-19...
By Adedapo Adesanya The oil market traded higher on Thursday by more than one per cent, extending the previous day’s rally as optimism continued over record...
By Adedapo Adesanya Oil prices plummeted by more than 3 per cent on Friday as global recession fears and weak oil demand, with the Brent crude...
By Adedapo Adesanya The oil market went down on Tuesday by more than 2 per cent as worsened economic fears and a flare-up in COVID-19 cases...
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...