Oil Market - Page 8

oil climb

Oil Jumps on US Crude Inventories Drop, Red Sea Attack

December 14, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil appreciated on Wednesday following a bigger-than-expected weekly withdrawal from US crude stockpiles and on worries about the security of Middle

oil prices cancel iran deal

Oil Prices Climb Amid OPEC+ Cuts Worries, Demand Concerns

December 12, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil prices settled up slightly on Monday as production from the Organisation of the Petroleum Exporting Countries and its allies (OPEC+)

oil prices fall

US, China Sluggish Energy Outlook Depress Oil Prices

December 8, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil prices fell further on Thursday touching a six-month low, as investors worried about sluggish energy demand in the United States

seven offshore oil blocks

Oil Falls as Market Doubts Further OPEC+ Cuts

December 5, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil fell on Monday as traders approached the market with caution over plans by the Organisation of the Petroleum Exporting Countries

Nembe Crude Oil Grade

Oil Falls as OPEC+ Postpones Crucial Meeting

November 23, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil fell nearly 1 per cent on Wednesday after the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) unexpectedly

crude oil price at market

Oil Market Soars on US Sanctions on Russian Shippers

November 18, 2023

Adedapo Adesanya

By Adedapo Adesanya The oil market appreciated on Friday as investors, who had taken short positions, took profits, as the United States sanctions on

oil and gas sector

Oil Jumps 2% as Iraq Supports Output Cuts for Market Stability

November 11, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil gained about 2 per cent on Friday as Iraq voiced support for output cuts ahead of a meeting of the

global oil market

Oil Market Rises as Saudi, Russia Extend Supply Cuts

November 7, 2023

Adedapo Adesanya

By Adedapo Adesanya The oil market rose on Monday as top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply

crude oil wells

Crude Oil Jumps as US, England Hold Interest Rates

November 3, 2023

Adedapo Adesanya

By Adedapo Adesanya The crude oil market gained more than $2 a barrel on Thursday as the US Federal Reserve and the Bank of

crude oil market

Crude Oil Drops on Eased Middle East Tensions, Supply Worries

November 1, 2023

Adedapo Adesanya

By Adedapo Adesanya Crude oil prices eased on Tuesday as markets worried less about potential supply disruptions from the Middle East conflict and on

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