By Adedapo Adesanya The two major crude oil grades, Brent and the US West Texas Intermediate (WTI), traded at their highest in six months on Wednesday...
By Adedapo Adesanya Oil prices settled lower on Tuesday as the market weighed the loss of Russian refinery capacity after recent Ukrainian attacks, with Brent crude...
By Adedapo Adesanya Oil prices were suppressed on Friday as the possibility of a ceasefire in Gaza weakened crude benchmarks, with Brent futures down by 35...
By Adedapo Adesanya Oil prices settled slightly lower on Thursday, pressured by weaker US demand data and reports of a United Nations draft resolution calling for...
By Adedapo Adesanya Oil prices further surged on Tuesday as traders assessed how Ukraine’s recent attacks on Russian refineries would affect global petroleum supplies. Brent crude...
By Adedapo Adesanya Brent crude appreciated by $1.39 or 1.7 per cent on Thursday to sell at $85.42 per barrel, its highest level in four months,...
By Adedapo Adesanya Brent crude jumped by 2.6 per cent or $2.11 to a four-month high of $84.03 per barrel on Wednesday on a surprise withdrawal...
By Adedapo Adesanya Oil prices dipped on Tuesday, following a higher-than-expected forecast for crude production and bearish economic data in the world’s largest oil producer, the...
By Adedapo Adesanya The oil market was mixed on Monday as concerns eased that fighting in the Middle East would disrupt supply and Chinese data suggested...
By Adedapo Adesanya Oil prices were mixed on Thursday as markets weighed new economic data from China against increasing supply that could create an imbalance in...