Economy Oil Market Plunges 4% on Fresh US Debt Pact Fears May 31, 2023 Adedapo Adesanya By Adedapo Adesanya The oil market fell more than 4 per cent on Tuesday on fresh concerns about whether the US Congress will pass Read More
Economy Oil Prices up as US Makes Progress in Debt Ceiling Deal May 30, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices edged higher in choppy trading on Monday as markets weighed a tentative debt ceiling deal in the United States Read More
Economy Oil Rises on Positive US Debt Deal Signals May 27, 2023 Adedapo Adesanya By Adedapo Adesanya Oil ticked up on Friday as officials in the United States appeared close to striking a debt ceiling deal before a Read More
Economy Slide in US Crude Stockpiles Lift Oil Prices May 25, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices rose 2 per cent on Wednesday after a large unexpected drawdown in crude inventories in the United States, the Read More
Economy Crude Oil Prices Rise Amid Tight Gasoline Market, Possible Output Cut May 24, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil prices rose on Tuesday on forecasts of a tighter gasoline market and a warning from the Saudi energy minister Read More
Economy Oil Jumps as Supplies Shrink in Canada, OPEC+ May 23, 2023 Adedapo Adesanya By Adedapo Adesanya Oil edged up 1 per cent on Monday as forecasts for oil showed that demand would rise in the second half Read More
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 Read More
Economy Stronger US Dollar Drags Crude Oil Prices Downward May 19, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil prices slid more than 1 per cent on Thursday after solid economic data from the United States spurred the Read More
Economy Oil Slides as Chinese, US Data Offset Demand Pull May 17, 2023 Adedapo Adesanya By Adedapo Adesanya Oil on Tuesday as weaker-than-expected economic data in China and the United States offset a forecast of higher global demand from Read More
Economy Oil Prices Drop as Cooling US Inflation Signals Rate Hike May 11, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices fell by more than 1 per cent a barrel on Wednesday, ending a three-day rally, as economic data suggested Read More