By Adedapo Adesanya The move by the Organisation of the Petroleum Exporting Countries and allies (OPEC+) to raise production limits by 400,000 barrels per day monthly...
By Adedapo Adesanya The Brent crude recorded its third consecutive loss on Wednesday by going down by $2.23 or 3.1 per cent to sell at $70...
By Adedapo Adesanya Oil prices opened the week stronger as investors continued to bet on tight supply and rising vaccination rates and overlooking surging COVID-19 cases...
By Adedapo Adesanya The oil market tumbled more than 3 per cent on Tuesday as fear gripped the market following the cancellation of a meeting of...
By Adedapo Adesanya The oil market remained in the bullish territory on Friday as supply discipline and recovering demand countered concerns such as rising coronavirus cases...
By Adedapo Adesanya The oil market traded positive on Friday amidst fresh optimism over a global economic recovery despite the threats posed by rising cases of...
By Adedapo Adesanya Oil rose on Monday as the market tapped into the positive Chinese economic figures and higher vaccination rates in the United States serving...
By Adedapo Adesanya The crude oil market was bullish on Monday on the back of a weaker United States Dollar and disruption to the supply of...
By Adedapo Adesanya The oil market witnessed growth on Tuesday as a string of positive news eased the recent pressures coming from the coronavirus pandemic. At...
By Adedapo Adesanya The international benchmark crude oil, Brent crude, dropped almost 6 per cent, precisely 5.93 per cent on Tuesday to trade at $60.79 per...
