Economy Crude Oil Prices Rise on Higher US Employment Data March 11, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil prices climbed more than 1 per cent on Friday after better-than-expected US employment data ended the days of drops. Read More
Economy Oil Prices Rebound Amid Chinese Demand, Supply Tightness March 7, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices bounced back from early losses amid supply tightness and hope for rising Chinese demand, as Brent crude rose by Read More
Economy Crude Oil Closes Higher on China Upbeat Economic Indicators March 4, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil gained more than $1 per barrel on Friday and ended the week higher, driven by renewed optimism around demand Read More
Economy Oil Rises 2% on Expected Rise in China’s Economy March 1, 2023 Adedapo Adesanya By Adedapo Adesanya Oil rose nearly 2 per cent on Tuesday, erasing the previous session’s losses, as hopes for a strong economic rebound in Read More
Economy Oil Falls on Effect of Economic Data on US Inflation February 28, 2023 Adedapo Adesanya By Adedapo Adesanya Oil slid on Monday as economic data in the United States had investors bracing for more interest rate hikes from the Read More
Economy Crude Oil Prices Fall Amid Higher US Inventory Build February 16, 2023 Adedapo Adesanya By Adedapo Adesanya Crude oil prices fell on Wednesday after the United States Energy Information Administration (EIA) reported an inventory build of 16.3 million Read More
Economy Oil Prices Fall Amid Expected Rise in US Supplies February 15, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices depreciated on Tuesday as traders worried about mounting supplies, causing Brent crude futures to fall by $1.03 or 1.2 Read More
Economy Oil Edges Higher on Russia Crude Cut, US Inflation Fears February 14, 2023 Adedapo Adesanya By Adedapo Adesanya Oil edged higher on Monday as investors weighed Russia’s plans to cut crude production and short-term demand concerns ahead of US Read More
Economy Oil Prices Rise as Earthquakes Hit Turkey, Syria February 7, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices rose on Monday, buoyed by supply concerns following earthquakes in Turkey and Syria. Brent crude futures rose 46 cents Read More
Economy Oil Prices Mixed Amid Weakening US Dollar February 1, 2023 Adedapo Adesanya By Adedapo Adesanya Oil prices were mixed on Tuesday despite drawing support from a weakening US Dollar, with Brent futures contract down by 37 Read More