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...
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...
