By Adedapo Adesanya Crude oil depreciated on Friday as investors weighed weaker US consumer sentiment against mounting hopes for a rate cut in the world’s largest...
By Adedapo Adesanya The price of Brent crude benchmark settled above $85 on Thursday as oil prices rose for the second consecutive session amid rising hopes...
By Adedapo Adesanya Oil prices settled higher on Wednesday after a jump in US refining activity last week drove a larger-than-expected decline in gasoline (petrol) and...
By Adedapo Adesanya Oil fell on Tuesday following traders’ discovery that extended supply interruptions were unlikely since Hurricane Beryl’s damage to the US oil-producing powerhouse in...
By Adedapo Adesanya Oil prices fell around 1 per cent on Monday as Hurricane Beryl shut refineries in the United States and ports along the Gulf...
By Adedapo Adesanya The Brent crude oil grade hit its highest level since April on Thursday, selling at $87.55 per barrel after gaining 0.2 per cent...
By Adedapo Adesanya The oil market gained about 1 per cent on Wednesday after a decline in US crude stocks but gains were capped by concerns...
By Adedapo Adesanya The price of Brent crude depreciated to $86.56 per barrel on Tuesday after it earlier in the day rose by $87.46 per barrel,...
By Adedapo Adesanya Crude oil prices gained nearly 2 per cent on Monday on hopes of rising demand during the Northern Hemisphere’s summer driving season and...
By Adedapo Adesanya The crude oil market closed mixed on Friday as investors weighed weak fuel demand in the United States and took profit as the...