Strong Dollar, High Interest Rates Worries Weaken Oil Prices
Adedapo Adesanya By Adedapo Adesanya Oil prices fell about 2 per cent on Monday as the US Dollar strengthened and…
Oil prices
Brent, WTI Shrink on Macroeconomic Worries, Profit Taking
By Adedapo Adesanya The prices of Brent futures and the US West Texas Intermediate (WTI) futures went down…
Oil Market Dips on Profit Taking, High Rates Worries
By Adedapo Adesanya The oil market retreated on Thursday, as traders took profits after prices soared recently while…
Oil Prices Drop as Russia Modifies Fuel Export Ban
By Adedapo Adesanya Oil prices moderated in choppy trade on Monday as Russia relaxed its fuel ban amid…
Oil Prices Down by 1% as US Fed Pauses Interest Rate Hike
By Adedapo Adesanya Oil prices fell by 1 per cent on Wednesday after the US Federal Reserve left…
Oil Prices Down Amid Profit-Taking
By Adedapo Adesanya After three sessions of gains that followed extended production cuts from Saudi Arabia and Russia,…
Oil Rises to 10-Month High on Supply Cuts, Demand Optimism
By Adedapo Adesanya Oil hit a 10-month high on Friday and posted a third weekly gain as supply…
Crude Oil Prices Drop on US Crude Inventories Build
By Adedapo Adesanya Crude oil prices edged lower on Wednesday as a surprise build in US crude inventories…
Crude Oil Stable at $90 Amid Supply Cuts Support
By Adedapo Adesanya The crude oil market was relatively stable on Monday after reaching the $90 mark last…
Brent Hits $90 as Saudi, Russia Shock Market with Prolonged Cuts
By Adedapo Adesanya The price of the international crude benchmark, Brent crude, jumped to $90.04 per barrel on…