Oil Prices Down on Russia-Ukraine War Development, US Inventories Build
Adedapo Adesanya By Adedapo Adesanya Oil prices trended south on Wednesday as investors weighed the intensifying war between Russia and…
Oil prices
Crude Oil Slides as Norway Production Resumes Amid Geopolitical Tussle
By Adedapo Adesanya Crude oil marginally depreciated on Tuesday as Norway’s oilfield restarted production, with plans by Iran…
Oil Prices Jump on Norwegian Outage, Ukraine War
By Adedapo Adesanya Oil prices climbed more than 3 per cent on Monday after crude production was halted…
Oil Market Slumps on Weak Chinese Economic Outlook
By Adedapo Adesanya The oil market closed lower by more than 2 per cent on Friday due to…
Oil Rises as Positive US Fuel Stocks Data Outweigh Supply, Demand Concerns
By Adedapo Adesanya Oil prices closed slightly higher on Thursday over draw in US fuel stocks outweighed oversupply…
Oil Market Reacts to Latest OPEC Demand Growth Forecast
By Adedapo Adesanya The latest downward review of demand growth forecast by the Organisation of the Petroleum Exporting…
China’s Disappointing Stimulus, Expected Supply Boost Shrink Oil Prices
By Adedapo Adesanya Oil prices fell by more than 2 per cent on Monday, with Brent crude futures…
Oil Prices Fall as Traders Overlook Supply Woes
By Adedapo Adesanya Oil prices dropped more than 2 per cent on Friday as traders overlooked supply disruptions…
Oil Prices Weaken After Trump’s Victory Buoys Dollar
By Adedapo Adesanya Oil prices settled lower on Wednesday as investors weighed a strong US Dollar after Mr…
Oil Market Rises as Americans Vote, Storm Threatens Output
By Adedapo Adesanya The oil market edged up about 1 per cent on Tuesday as Americans voted for…