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...
By Adedapo Adesanya Oil prices were in the positive territory on Monday as the Brent crude gained 69 cents or 0.61 per cent to trade at...
By Adedapo Adesanya The oil market was in the positive territory on Friday as a planned European Union (EU) ban on Russian energy imports and easing...
By Adedapo Adesanya The crude oil market appreciated on Thursday by 2 per cent as Germany seems to have dropped its opposition to European countries banning...
By Adedapo Adesanya The oil market witnessed growth on Monday as supply disruption pushed prices higher after one of Africa’s top exporters, Libya, announced shutting down...