By Adedapo Adesanya A warning given to the European Union (EU) by the Organisation of the Petroleum Exporting Countries (OPEC) concerning the possibility of replacing Russian...
By Adedapo Adesanya The price of the international benchmark crude, Brent, fell below the $100 per barrel mark on Monday, precisely trading at $99.01 per barrel...
By Adedapo Adesanya The oil market retreated on Tuesday as foreign ministers in the European Union disagreed over the proposed plan to join the United States...
By Adedapo Adesanya Oil crashed below $100 per barrel on Tuesday after losing more than 7 per cent despite the ongoing war in Ukraine and a...
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...