By Adedapo Adesanya The resumption of indirect discussions between the United States and Iran further retreated the price of crude oil at the international market on...
By Adedapo Adesanya The oil market settled lower on Monday following signs of progress in nuclear talks between the United States and Iran, which could lead...
By Adedapo Adesanya The Brent crude went up by 69 cents or 0.77 per cent on Friday to a seven-year peak of $90.03 per barrel while...
By Adedapo Adesanya Nigeria continues to face supply disruptions, limiting the ability of the country to reach its production target which is contributing to an imbalance...
By Adedapo Adesanya The forecasts by the International Energy Agency (IEA) that the Omicron variant will slow the recovery of global oil demand pulled down the...
By Adedapo Adesanya The crude oil market fell on Wednesday as traders used the opportunity provided by the worries surrounding the Omicron variant of coronavirus to...
By Adedapo Adesanya The crude oil market depreciated on Friday by almost one per cent as the Dollar continued to firm on expectations that the United...
By Adedapo Adesanya Following the decision by the Organisation of the Petroleum Exporting Countries and allies (OPEC+) to maintain its production increases by 400,000 barrels per...
By Adedapo Adesanya The crude oil market was bearish on Monday, falling more than one per cent as a rise in the US Dollar weakened appetite...
By Adedapo Adesanya The oil market slipped yet again on Tuesday over a strong US dollar and concerns about weak demand in the United States and...