Oil prices down

Oil Prices up on Worsening Geopolitical Tensions

February 6, 2024

By Adedapo Adesanya Oil prices rose on Monday on concerns that tensions in the Middle East and Russia’s ongoing invasion of Ukraine could curb

Economy

China Growth Worries, US Crude Build Sink Oil Prices

February 1, 2024

Adedapo Adesanya

By Adedapo Adesanya Oil prices settled lower on Wednesday, pressured by low economic activity in leading crude importer, China, and a surprise build in

Economy

Oil Prices Ease 2% as Shippers Ignore Red Sea Tensions

December 28, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil prices dropped nearly 2 per cent on Wednesday as the market resumed fully with investors monitoring developments in the Red

Economy

Oil Prices up Ahead of Christmas Holiday

December 23, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil prices rose as much as 1 per cent on Friday as tensions persisted following Houthi attacks on ships in the

Economy

Oil Prices Sink on Rise in US Crude Inventories, Production

November 16, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil prices tumbled by almost 2 per cent on Wednesday on a bigger-than-expected rise in crude inventories and record production in

Economy

Strong Dollar, High Interest Rates Worries Weaken Oil Prices

October 3, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil prices fell about 2 per cent on Monday as the US Dollar strengthened and traders took profits while the market

Economy

Oil Prices Down by 1% as US Fed Pauses Interest Rate Hike

September 21, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil prices fell by 1 per cent on Wednesday after the US Federal Reserve left interest rates unchanged, as widely expected.

Economy

Oil Prices Down Amid Profit-Taking

September 20, 2023

Adedapo Adesanya

By Adedapo Adesanya After three sessions of gains that followed extended production cuts from Saudi Arabia and Russia, oil prices fell on Tuesday as

Economy

Strong Dollar, Chinese Data Sink Oil Prices

June 1, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil prices settled lower on Wednesday, pressured by a stronger US Dollar and weak data from top oil importer China that

Economy

Oil Prices Down as US Debt Ceiling Crisis Continues

May 20, 2023

Adedapo Adesanya

By Adedapo Adesanya Oil prices fell on Friday as investors worried that the United States government would fail to agree on a new debt

Suggestions

Recent Posts