Crude Oil Rises as IEA Forecast Strong Demand
Adedapo Adesanya By Adedapo Adesanya Crude oil edged higher on Friday after the International Energy Agency (IEA) forecast record global…
Oil prices
Oil Prices Drop on US Inflation Data, Weak China Outlook
By Adedapo Adesanya Oil prices settled lower on Thursday as speculation about another US interest rate hike faded…
Oil Sinks on Higher US Crude Inventories
By Adedapo Adesanya Oil fell on Wednesday as higher US crude inventory and sluggish economic data from China…
Oil Prices Jump on Expected Growth in US Economy
By Adedapo Adesanya Oil prices edged higher on Tuesday on the projected healthier outlook of the United States…
Oil Rises as Global Supplies Tighten Further
By Adedapo Adesanya Oil rose by 1 per cent as top producers like Saudi Arabia and Russia extended…
Oil Prices Drop on Stronger US Dollar, Profit Taking
By Adedapo Adesanya Oil prices edged lower on Tuesday, spurred by a stronger US Dollar and signs of…
Oil Rallies on Tight Global Supply, Rising Demand
By Adedapo Adesanya The oil market rallied on Monday and touched its highest point since January 2022, supported…
Brent Jumps to $84 on OPEC+ Induced Supply Tightness
By Adedapo Adesanya Crude oil prices settled higher on Thursday, with Brent closing at $84.35 per barrel after…
Chinese Stimulus Plan, Tight Supply Revive Oil Market
By Adedapo Adesanya The oil market moved up by over 2 per cent on Monday on tightening supply…
Oil Rebounds on Inventories Support Despite Sour Demand Outlook
By Adedapo Adesanya Oil settled slightly higher on Thursday amid lower crude inventories in the US and strong…